What Is the Term for the Third Party Who Receives

question 39

Multiple Choice

What is the term for the third party who receives an assignment of contract rights?

• A) Transferor
• B) Transferee
• C) Relator
• D) Assignor
• E) Assignee

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Definitions:

Equilibrium

Equilibrium is a condition in a chemical reaction when the rate of the forward reaction equals the rate of the reverse reaction, leading to a constant concentration of reactants and products.

Tautomers

Isomers of organic compounds that differ in the position of protons and electrons but have the same molecular formula, often interconverting in a chemical equilibrium.

Enols

Organic compounds containing a hydroxyl group directly bonded to a carbon atom that is double-bonded to another carbon atom.

Ketones

Ketones are organic compounds characterized by a carbonyl group (C=O) linked to two carbon atoms. They are part of many biological and synthetic substances.