The rights of the assignor are terminated as a result of the assignment. As a result, it is accurate to remark that the rights of the assignee are subject to any counterclaims.The answer is True.
the obligee may have against the assignor. This means that the assignee can only get those rights that were initially held by the assignor.It is true that the obligor’s defences against the assignor affect the assignee’s rights.We are discussing language used in commercial law. Let’s keep in mind that the assignor is the party who transfers a contract’s rights in order to better grasp this. The person who owes money to someone else is known as the assignee. The person who owes money to someone else is known as the obligor. And the party to whom an obligation is owed is known as the obligee.
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