Asked by Mohamed Abushamma on May 26, 2024
Verified
A gratuitous assignment is revocable even after the assignor has made an effective delivery of the assignment to the assignee.
Effective Delivery
The successful transfer of a document or item to its intended recipient in a manner that meets legal or contractual obligations.
Gratuitous Assignment
The transfer of rights or property from one party to another without any exchange of value or consideration.
- Acknowledge the importance of focus for the efficiency of an assignment.
Verified Answer
CP
Casandra PahedMay 26, 2024
Final Answer :
False
Explanation :
Once an effective delivery of the assignment has been made to the assignee, a gratuitous assignment becomes irrevocable because the assignee's acceptance of the assignment rights constitutes consideration, solidifying the transaction.
Learning Objectives
- Acknowledge the importance of focus for the efficiency of an assignment.
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