Examlex
All of the following can be identified by using the VIN code except:
Delegatee
A third party who is not part of the original contract but to whom duties to perform are transferred by one of the contracting parties (a delegator).
First-Assignment-In-Time Rule
A rule which states that the first party granted an assignment is the party correctly entitled to the contractual right.
English Rule
A rule which states that the first assignee to give notice of assignment to the obligor is the party with rights to the contract.
American Rule
The American Rule is a legal principle stating that each party in a lawsuit is responsible for paying their own attorney's fees, unless specific authority granted by statute or contract allows the prevailing party to recover those fees from the loser.
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