The Transfer of Rights Under a Contract to a Third

question 79

Multiple Choice

The transfer of rights under a contract to a third party is called:

• A) an assignment
• B) an adjudication
• C) a resolution
• D) a delegation to an obligee

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Definitions:

Accident Likelihood

The probability or chance of an accident occurring in a given situation or environment.

Association

In statistics, it refers to a relationship or linkage between two or more variables whereby they tend to vary together in a predictable manner.

Household Income

The combined gross income of all members of a household, typically measured annually.

Classification

The process of organizing or sorting items into categories based on their attributes or characteristics.