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.

---

Definitions:

Variation

The differences or changes in data or characteristics within a sample or population.

Increase

A rise in magnitude, quantity, or degree; an upward trend in a numerical value or variable.

RSquare Value

A statistical measure that represents the proportion of the variance for a dependent variable that's explained by an independent variable(s) in a regression model.

Regression Equation

A mathematical formula used to predict a variable based on its relationship with one or more other variables.