Unformatted text preview: Just because you sign away your duties, doesn’t mean it affects your rights (vice-versa) Assignments: • Gratuitous=free • Contractual o Effective delivery- effective delivered evidence of the assignment from assignor to assignee o If you do it, the right is irrevocable o TES: guy has shares of stock and he wants to assign the right to dividends to you. Before he does it, he dies. Is that a revocable or irrevocable? No delivery, no irrevocability...
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- Fall '08