Course Solutions Uncategorized (Answered) : Dylan performs services for Columbia Day Care Center. She has completed the job and is owed $5,000. Due to her excellent credit ra

(Answered) : Dylan performs services for Columbia Day Care Center. She has completed the job and is owed $5,000. Due to her excellent credit ra

June 27, 2024June 27, 2024| adminadmin| 0 Comment| 7:41 pm
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Dylan performs services for Columbia Day Care Center. She has completed the job and is owed $5,000. Due to her excellent credit rating she has obtained a commitment for a loan from Citibank for $25,000 but has not agreed to borrow the money yet. She decides to assign her claim to the $5,000 and the loan commitment to her friend Alyssa who needs the money. Are these assignments binding on Columbia or Citibank? Why? 5.

Expert Answer

Yes , these assignments binding on columbia or to the citi bank , as because of her excellent credit reting ,Dylan get

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