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When Megan Attended the Movies Last Night,she Saw a Commercial

question 83

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When Megan attended the movies last night,she saw a commercial for Friedman's Furniture store as she sat waiting for the movie to begin.This commercial was an example of:


Definitions:

Assignor

In a contract, the party who transfers his or her rights to the contract to a third party (an assignee), giving the assignee the right to collect what was contractually agreed on in the original contract.

Assignee

In a contract, the party who receives the rights of another party (an assignor) to collect what was contractually agreed on in the original contract.

Prenuptial Agreement

An agreement two parties enter into before marriage that clearly states the ownership rights each party enjoys in the other party’s property. To be enforceable, the agreement must be in writing.

Subrogation

The legal right of a third party, usually an insurance company, to pursue recovery of amounts paid for a claim from a liable party.

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