With Regard to an Assignment,the Person to Whom the Right

question 31

Multiple Choice

With regard to an assignment,the person to whom the right has been transferred is called the:

• A)obligor.
• B)obligee.
• C)assignor.
• D)assignee.

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Definitions:

Legislative Body

An official organization or group of people who have the power to make, change, or repeal laws.

Secondary Sources

Informational materials that interpret, critique, or analyze primary sources, often used in academic research.

Uniform Law

A model law created by the National Conference of Commissioners on Uniform State Laws and/or the American Law Institute for the states to consider adopting. If a state adopts the law, it becomes statutory law in that state. Each state has the option of adopting or rejecting all or part of a uniform law.

Statutory Law

The body of law enacted by legislative bodies (as opposed to constitutional law, administrative law, or case law).