100%(14)14 out of 14 people found this document helpful
This preview shows page 1 out of 1 page.
Module 12 DiscussionRosenberg v. PratQuestion: What should Prat have done to avoid being sued for a debt she thought was behind her?The original contract between Prat and Rosenberg explicitly stated that Mary Prat was to pay a total of$62,000 over fifteen years with only $52,000 eligible for 10% interest. The agreement that was signedbetween these two parties was not a novation – a substitution of an older contract to be replaced with anew one – but it was an assignment – where rights or benefits are transferred from one party to another.When Prat decided to delegate her remaining rights to Son, Inc., she informed Rosenberg who signed a“Consent to Assignment”. The problem here is that the agreement that the Rosenbergs signed with Prat