A Transfer to a Third Party of a Contractual Obligation

question 11

Multiple Choice

A transfer to a third party of a contractual obligation is known as a(n) :

• A) assignment of rights.
• B) delegation of duties.
• C) revocability of assignment.
• D) partial assignment.

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Definitions:

Countertrade Agreements

Foreign trade agreements that involve bartering products for other products instead of for currency.