Which of the following is true in the event an assignee does not provide a notice of assignment to the obligor?
A) The assignee's only course of action is to sue the obligee for damages.
B) The assignee cannot sue the assignor for damages.
C) The obligor's only recourse is to sue the assignee for damages.
D) The assignee cannot sue the obligor to recover payment.
D
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Which of the following is true of the Securities Investor Protection Corporation (SIPC)?
A) It protects investors from losses up to $750,000 due to the financial failure of a brokerage firm. B) It has the monitoring and bailout functions that the Federal Deposit Insurance Corporation (FDIC) has in banking. C) It does not use trustees in any of its functions. D) It supervises the liquidation of brokerage firms that are in financial trouble.
The Teamsters Union does not belong to the AFL-CIO
Indicate whether the statement is true or false