A Party Who Owes a Duty of Performance Under a Contract

question 67

Multiple Choice

A party who owes a duty of performance under a contract is called the ________.

• A) obligor
• B) assignor
• C) assignee
• D) oblige

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Definitions:

National Production

The total value of all goods and services produced within a country's borders over a given time period.

Case Studies

Detailed examinations of a subject (person, group, or organization) to uncover and understand complex issues or phenomena.

Parables

Short, simple stories used to illustrate a moral or spiritual lesson, often found in religious texts.

Supporting Data

Information or data used to provide assistance, evidence, or to back up a decision or understanding in various contexts.