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An Approval Clause Requires That the Obligor Approve Any Assignment

question 133

True/False

An approval clause requires that the obligor approve any assignment of a contract.


Definitions:

Political Corruption

The use of powers by government officials for illegitimate private gain.

Logrolling

A practice in politics where two or more parties agree to vote for each other's proposed legislation or interests.

Political Corruption

Involves the misuse of public power for private benefit, typically through bribery or embezzlement.

Government Officials

Individuals who hold positions of authority in government institutions and are responsible for making and enforcing rules and laws.

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