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Marketers live in a world of constant change, and their ability to adapt to the pace of change will dictate the degree to which their marketing strategies are successful. Moreover, the changes can come in any or all of the different parts of the marketing environment.
Which one of the following statements is true?
Assignable
describes a right or property that can be transferred or made over to another party legally.
Partial Assignment
The transfer of a portion of the interest or rights in a contract, property, or other asset from one party to another.
Contractual Rights
Legal entitlements embedded within a contract that dictate what each party to the agreement may or may not do.
Consideration
The benefit, interest, or value that induces a party to enter into a contract.
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