This week we discussed assignment and delegation of duties. Read the article, In

Question

This week we discussed assignment and delegation of duties. Read the article, Investing in Distressed Securities, discussing how certain hedge funds and investment funds specialize in buying "distressed debt." » What is distressed debt? . What is the advantage of buying distressed debt? . What is the risk involved in buying distressed debt? Harvey Hedge Fund is buying Donna's debt to Barclays Bank. Is Donna assigning her rights or delegating her duties? What is each party's role (i.e., who is the obligor/obligee, assignor/assignee or delegator/delegatee) -your answer depends on how you answered Question 4.

Explanation / Answer

1.Distressed debt
They are born purchased from the companies that are going to become bankrupt. These companies were unable to pay the debt tending to bankruptcy.

2.Advantages of distressed debt

3.Risk involved in buying distressed debt

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.