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An assignee’s interest vests as soon as he knows of the assignment, relies on it, or sues on it.
If an assignee is a donee who did not pay for the assignment to him, the original parties may change the contract at any time. But if the assignee a person who paid value the original contract cannot be changed if the assignment has vested.
Law Books By Jide Obi books-
1st Year Law Outlines For The Best and Brightest Law Students: Jide Obi law books
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Book Details
PublisherJide Obi
ISBN / ASINB01BB5J82S
ISBN-13978B01BB5J820
Sales Rank2,615,423
MarketplaceUnited States 🇺🇸