Can an assignor be relieved of honoring a guarantee made to an assignee in the event of a default?

June 01, 2017
Consumer Protection Legislation does not Necessarily Relieve an Assignor from the Obligation to Honour a Guarantee to Pay an Assignee. See instant case of C.L. Hagan Transportation Ltd. v. Canadian Acceptance Corp. [1974] SCR 491, 1973 CanLII 151 (SCC).
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