Rosenberg v. Pratt - Module 12 Discussion Rosenberg v Prat...

This preview shows page 1 out of 1 page.

Module 12 Discussion Rosenberg v. Prat Question: 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 signed between these two parties was not a novation – a substitution of an older contract to be replaced with a new 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

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture