Asked by Jacob Murphree on Jun 30, 2024

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Verified

When the assignee gives consideration in exchange for an assignment, there is a contract between the assignor and the assignee that prevents the assignor from revoking the assignment without the assent of the assignee.

Consideration

The benefit, interest, or value that induces a party to enter into a contract.

Revoking Assignment

The act of withdrawing or cancelling a task, duty, or responsibility that has been assigned to someone.

  • Understand the significance of attention in the success of a task.
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Verified Answer

KB
Kenneth BrumbaughJul 05, 2024
Final Answer :
True
Explanation :
When consideration is given for an assignment, a contract is created between the assignor and the assignee, and the assignor cannot revoke the assignment without the agreement of the assignee.