Question

What does the principle of debtor protection state

Q: Answer-What does the principle of debtor protection state regarding the assignment of receivables?

Section 15. Principle of debtor protection1 Save as otherwise provided in this Act, any assignment of the receivable shall not, without the express consent of the debtor in writing, affect the rights and obligations of the debtor including the terms and conditions of the contract

regarding the assignment of receivables?

A The debtor's rights and obligations are automatically modified upon assignment

B The debtor's consent is not required for any changes in the contract terms

C The assignment of receivables does not affect the debtor's rights and obligations unless expressly consented to in writing

D The debtor is required to accept any changes imposed by the assignee

E The debtor's rights and obligations are entirely nullified upon assignment

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What does the principle of debtor protection state

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