Question

Which of the following is an incorrect statement regarding the assignment of claims in Russia?

Question 62 options:

1)

The assignment of rights, or "assignment of claims," in Russia is highly regulated by the Russian court of equity.
2)

Russian law does not address the assignment of a contract in the same manner as the United States.
3)

Economic or monetary rights of the assignor may be transferred to another person.
4)

Alimony rights may not be assigned to another person.
5)

Assignments must be in writing.

Answer 1

The incorrect statement about the assignment of claims in Russia is that it is highly regulated by the Russian court of equity; it is actually governed by the Civil Code of the Russian Federation.

Step-by-step explanation:

The statement that is incorrect regarding the assignment of claims in Russia is: The assignment of rights, or "assignment of claims," in Russia is highly regulated by the Russian court of equity. In reality, the assignment of claims is regulated by the Civil Code of the Russian Federation, not specifically by a court of equity. The assignment process allows economic or monetary rights of the assignor to be transferred to another person, and this process must be executed in writing. However, certain personal rights, such as alimony rights, cannot be assigned to another person. Additionally, Russian law does not address the assignment of a contract in the same manner as the law in the United States, acknowledging the differences between these two jurisdictions.