Examlex
Which of the following is the simplest level of organization?
Assignee
The party to whom rights or properties are transferred in an agreement or by legal means.
Obligor
An obligor is an individual or entity legally obliged to provide a benefit or payment to another under the terms of a contract.
Assignment
The transfer of rights, property, or obligations from one party to another, often seen in contractual and legal contexts.
Delegation
The act of assigning responsibility or authority from one person or entity to another to carry out specific activities or tasks.
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