Regarding the Assignment of Contract Rights,which of the Following Is

question 96

Multiple Choice

Regarding the assignment of contract rights,which of the following is true?

• A) The party owed a particular right under a contract is called the obligee.
• B) The party who owes the duty of performance is called the obligor.
• C) The party who transfers his right to another is called the assignor.
• D) A,B,and C are true.
• E) A and B only are true.

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Definitions:

Customer Preferences

This term refers to the tastes, choices, or selections that consumers make regarding products, services, or suppliers.

Components

Individual parts or elements that make up a larger system, machine, or assembly.

Aggregate Plan

A plan that includes forecast levels for families of products of finished goods, inventory, shortages, and changes in the workforce.

Master Production Schedule

A plan for individual commodities to be produced in each time period, serving as a link between production planning and manufacturing.