This question should be answered in an IRAC format. Please include all relevant keywords, terms, and phrases when discussing each topic.
Detwiler owed Carrier $5,000, but the debt was barred by the applicable statute of limitations. During a conversation between Detwiler and Carrier, Detwiler agreed to assign to Carrier a debt of $4,000 that was owed to Detwiler by Oliver and was coming due in a week, and called Oliver to inform him of the assignment. When the debt became due, Oliver refused to pay Carrier.
If Carrier brings an action to collect the debt against Oliver, will he likely prevail?
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