Examlex
Carefully define the following terms and explain their importance.
a. Variable
b. Ray
c. Slope
d. Contour map
Obligee
The party in a contract or agreement who is entitled to receive a performance or benefit from the obligor.
Obligor
An individual or entity legally obliged to provide a payment or service to another party under the terms of a contract.
Delegation
The act of entrusting another person with responsibility and authority to perform a specific task or function that was originally one's own duty.
Assignment
The act of transferring rights, duties, or responsibilities from one party to another, commonly seen in contracts or agreements.
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