Assignment

Question 1

Who are the parties in an assignment?

Answer 1

Obligor, Assignor, Assignee

Question 2

What is the GR for assignments?

Answer 2

Rights are freely assignable and duties are freely delegable unless there is an anti-assignment or anti-delegation clause or if the rights or duties are too personal.

Question 3

Rights are too personal to be assigned if the assignment would:

Answer 3

1. Materially change the duty of the obligor
2. Increase materially the burden or risk imposed on him by his K, or
3. Impair materially his chance of obtaining return performance