Examlex
Divide.
Assignment of Rights
The transfer of rights, properties, or obligations from one party to another.
Third-Party Beneficiary
A person or entity that benefits from a contract made between two other parties, despite not being a party to that contract themselves.
Delegation
The act of assigning responsibility or authority from one person to another to carry out specific activities, while the original party remains accountable for the outcome.
Delegator's Duty
In the context of delegated tasks, this refers to the responsibility of the individual or party who has transferred a duty to another to ensure the duty is performed appropriately.
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