Assignee and Nominee
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....fenses which may be asserted against assignor by account debtor. Assignee in fact is one to whom an assignment has been made in fact by the party having the right. The assignee in law is one in whom the law vests the right; as an executor or administrator. The expression "assignment" has also been defined as under; The act of transferring to another all or part of one's p....
TaxTMI