Asked by Mackenzie Nelson on Jun 10, 2024
Verified
Explain what is meant by a "statutory assignment."
Statutory Assignment
The transfer of rights or benefits from one party to another as permitted or dictated by statute.
- Examine the function and influence of statutory assignments within contract law.
Verified Answer
AE
Abdallah EstaitiehJun 16, 2024
Final Answer :
A statutory assignment is an assignment that meets certain qualifications and under which the assignee can enforce a claim directly without involving the assignor.
Learning Objectives
- Examine the function and influence of statutory assignments within contract law.
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