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When an Assignor Transfers Her Rights to an Assignee, the Assignor

question 55

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When an assignor transfers her rights to an assignee, the assignor legally gives up all rights to collect on a contract.


Definitions:

Vatican II Council

The Second Vatican Council, a major meeting of the Roman Catholic Church (1962-1965) that introduced significant changes in Church practices and approaches to worship and engagement with the modern world.

Pope John XXIII

The head of the Roman Catholic Church from 1958 to 1963, known for convening the Second Vatican Council, which introduced significant reforms to modernize the Church.

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