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Joe plans to sell the assets of his business for $150,000 The buyer obtained consent from the landlord to assume the existing lease on the
Joe plans to sell the assets of his business for $150,000 The buyer obtained consent from the landlord to assume the existing lease on the building and a new lease reflecting this is drawn up and signed by the landlord and buyer. This new lease is an example of an equitable assignment. novation a constructive trust. a statutory assignment a negotiable instrument
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