subject
Business, 19.10.2019 00:30 daty0355

Garth's imports sold a car to wally on credit for $30,000. garth assigned to cassandra all of his rights to receive money from wally. cassandra did not inform wally of the assignment. therefore, wally continued to make the next three payments directly to garth. shortly thereafter, garth left the country with the money. if cassandra sues wally for the missing three payments:
a. cassandra will not be able to collect the money from wally.
b. wally is not liable for the three payments because an assignment is not valid unless the obligor is notified.
c. wally is liable for the three payments because cassandra paid consideration for the assignment rights.
d. wally cannot raise the defense of previous payment.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 08:00
3. describe the purpose of the sec. (1-4 sentences. 2.0 points)
Answers: 3
question
Business, 22.06.2019 20:40
On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e.g. $2.55.) diluted earnings per share
Answers: 3
question
Business, 22.06.2019 21:00
In a transportation minimization problem, the negative improvement index associated with a cell indicates that reallocating units to that cell would lower costs.truefalse
Answers: 1
question
Business, 22.06.2019 21:20
Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u.s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.
Answers: 3
You know the right answer?
Garth's imports sold a car to wally on credit for $30,000. garth assigned to cassandra all of his ri...
Questions
question
Mathematics, 04.07.2019 17:00
Questions on the website: 13722367