An obligor can raise any personal defenses he or she may have directly against an assignee

Indicate whether the statement is true or false

TRUE

Business

You might also like to view...

The Pension Protection Act of 2006 primarily benefits small business employers by ________

A) allowing them to defer tax payments B) eliminating fees linked to retirement plans C) exempting employers from complex pension rules D) making contributions for employers and employees into IRA plans

Business

One of the major steps in achieving internal control over accounts receivable is that the Billing department reviews the sales order, the customer's credit file, and decides whether and how much credit should be extended

Indicate whether the statement is true or false.

Business