Which of the following is correct with regard to successive assignments of the same right?
A) It is impossible for an assignor to assign the same right more than once.
B) In England, the first assignee to notify the obligor prevails.
C) The Restatement does not recognize the validity of any successive assignments.
D) The majority rule in the United States is that the first assignee to notify the obligor prevails.
B
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Answer the following statements true (T) or false (F)
1. Alison, the director of marketing for a global company, is planning the contributions she and her department will make to the organization over the next 24 months. This type of planning is called operational planning. 2. Paula is the store manager for a national grocery retailer, and she received the yearly tactical plan from Greg, her district manager. Paula is meeting with her department managers to plan how to implement the specific tasks outlined in Greg's plan for the next year. Paula is engaged in operational planning. 3. Goals are arranged in a hierarchy known as a means-end chain because in the chain of management, the accomplishment of high-level goals is the means leading to the accomplishment of low-level goals or ends. 4. Jerome's Italian Pizza is in a very competitive industry, and its upper management believes that it can achieve higher profits by focusing on a strategy of lowering costs and prices, providing quicker delivery, and providing good customer service. "Increase profits by 15% a year for each of the next five years" is an example of a strategic goal.
When a firm looks for new users in groups that might use the product but do not, the firm is using the ________ strategy
A) new-market segment B) market-penetration C) geographical-expansion D) product development E) diversification
With which of the following payment mechanisms is it the case that once the seller has accepted the credit, the customer cannot alter or cancel it without the seller's consent?
A. Irrevocable letter of credit B. Documentary draft C. Consignment D. Bank collection time draft E. Open account
What happens when an obligor does not get a notice of assignment?
What will be an ideal response?