Asked by Bryce Bloomquist on Jun 07, 2024
Verified
Which of the following is an incorrect statement regarding the assignment of claims in Russia?
A) The assignment of rights,or "assignment of claims," in Russia is highly regulated by the Russian court of equity.
B) Russian law does not address the assignment of a contract in the same manner as the United States.
C) Economic or monetary rights of the assignor may be transferred to another person.
D) Alimony rights may not be assigned to another person.
E) Assignments must be in writing.
Russia
Russia is a sovereign country in Eastern Europe and Northern Asia, known for its vast land area, cultural heritage, and as a significant global political and economic player.
Court of Equity
A court of equity is a judicial body empowered to apply principles of equity, as opposed to law, to cases brought to it.
Assignment of Claims
The transfer of rights or claims from one party to another, allowing the assignee to collect the claim or benefit directly.
- Gain insight into the legal repercussions of assigning and delegating contracts.
- Acquire knowledge on the duties and qualifications prescribed by the Uniform Commercial Code (UCC) in the field of contract law.
Verified Answer
Learning Objectives
- Gain insight into the legal repercussions of assigning and delegating contracts.
- Acquire knowledge on the duties and qualifications prescribed by the Uniform Commercial Code (UCC) in the field of contract law.
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