Seller delivers goods to Buyer who agrees to pay the $5,000 price in 60 days. Seller transfers its right to receive the price to Bank at a 10% discount. Which of the following is false?
A. Seller is obligated to pay the assignee in the event the obligor fails to pay, unless the assignment was specifically without recourse.
B. After notice of the assignment, Bank (the assignee) can sue Buyer directly if Buyer does not pay.
C. Seller (the assignor) has no right to make further assignments or collect payments for its own benefit.
D. Upon receipt of notice of the assignment, Buyer (the obligor) must pay Bank to discharge its obligations.