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Question
Which of the following statements is correct regarding an assignment that would materially alter the risk and/or duties of the obligor?A) A contract cannot be assigned if the assignment would materially alter the risk or duties of the obligor.
B) A contract can be assigned if the assignment would materially alter the risk, but not the duties, of the obligor.
C) A contract can be assigned if the assignment would materially alter the duties, but not the risk, of the obligor.
D) A contract can be assigned, even if the assignment would materially alter the risk or duties of the obligor.
E) A contract can be assigned, provided that the assignment is accompanied by a corresponding delegation of duties.
Answer
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