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                    [Title] => Breaking a warranty
                    [Summary] => This is a case of assignment of credit.  It is an agreement in which a creditor or owner of a credit (assignor) transfers his credit and accessory rights to another (assignee) who acquires the power to enforce it to the same extent as the creditor could enforce it against the debtor even without the consent of the latter.  The assignment of credit is in the nature of a sale of personal property and may extinguish the obligation of the assignor to the assignee. But to extinguish said obligation, the assignor must comply with certain warranties.
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WAS LUIS

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                    [Title] => Breaking a warranty
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abtest

Breaking a warranty

By A LAW EACH DAY (KEEPS TROUBLE AWAY) | By Jose C. Sison | February 4, 2004 - 12:00am

This is a case of assignment of credit. It is an agreement in which a creditor or owner of a credit (assignor) transfers his credit and accessory rights to another (assignee) who acquires the power to enforce it...

Opinion