A Party Who Is Owed a Right Under a Contract

question 68

True/False

A party who is owed a right under a contract is called the obligor.

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Definitions:

Data

Information, especially numerical or categorical, collected through observation or research for analysis or decision-making.

Relationship

The manner in which two or more ideas, items, or individuals are linked, or the condition of being linked.

Variable

An attribute, characteristic, or measurement that can take on different values across individuals, objects, or time points in data collection and analysis.

Increases

A term indicating a rise or growth in a numerical value or quantity.