Examlex
Which of the following is a True statement regarding data flows?
Obligor's Approval
The consent or agreement of the individual or entity (obligor) responsible for performing an obligation, especially in contexts requiring their assent to changes or actions affecting their duties.
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.
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