Asked by
alekya reddy
on Nov 27, 2024Verified
A bank's sale of its right to receive payment on a loan to a third party is a transfer but not an assignment.
Bank's Sale
A sale conducted by a bank, usually involving assets owned by the bank or foreclosed properties.
- Acquire insight into the legislative infrastructure and guidelines overseeing the conveyance and entrustment of rights and responsibilities in contracts.
- Acknowledge the influence of redistributing duties or rights on the fundamental obligations and entitlements of the original parties.
Verified Answer
OB
Learning Objectives
- Acquire insight into the legislative infrastructure and guidelines overseeing the conveyance and entrustment of rights and responsibilities in contracts.
- Acknowledge the influence of redistributing duties or rights on the fundamental obligations and entitlements of the original parties.
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