Instructions: the Paragraphs of the Following Essay Have Been Scrambled

question 39

Multiple Choice

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Definitions:

Successive Assignments

The process of transferring rights or duties from one party to another over a series of transactions.

Obligor

The party in a contractual agreement who is bound or obligated to perform a duty or payment to the obligee.

Assignee

A person or entity to whom rights or interests have been transferred by another, usually under the terms of a contract.

Voluntary

An action undertaken by an individual's free will without coercion or external pressure.