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Karen Borrows $10, 000 from Celeste

Question 54

Multiple Choice

Karen borrows $10, 000 from Celeste.Karen is to pay Celeste the principal amount, with 8 percent interest, over five years in 60 equal monthly payments.After one year of receiving proper payments from Karen, Celeste assigns this right to receive future payments to Larry.Who has the duty to notify Juan about the assignment?


A) Celeste
B) Larry
C) Karen's attorney
D) the authority who drafted the contract

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