Joe plans to sell the assets of his business for $150,000 The buyer obtained consent from the
Fantastic news! We've Found the answer you've been seeking!
Question:
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
A) a constructive trust
B) a statutory assignment
C) novation
D) an equable assignment
E) a negotiable instrument
Posted Date: