Examlex

Solved

Which of the Following Is NOT a Category a Agent

question 7

Multiple Choice

Which of the following is NOT a Category A agent?


Definitions:

Bilateral Contract

A contractual agreement involving two parties where each promises to perform an act in exchange for the other's act.

Obligor

A person or entity legally obligated to provide a payment or service to another under the terms of a contract.

Assignment

The transfer of rights, duties, or interests under a contract or agreement from one party to another.

Assignor

An individual or entity that transfers rights or interests in a property, contract, or other asset to another.

Related Questions