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Unformatted text preview: Just because you sign away your duties, doesnt 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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This note was uploaded on 11/14/2011 for the course BLS 342 taught by Professor Miller during the Fall '08 term at Miami University.
- Fall '08