Examlex
What type of responsibility centre would a manufacturing division of a company most likely be evaluated as?
Successive Assignments
The process of transferring rights or duties from one party to another over a series of transactions.
Obligor
The party in a contractual agreement who is bound or obligated to perform a duty or payment to the obligee.
Assignee
A person or entity to whom rights or interests have been transferred by another, usually under the terms of a contract.
Voluntary
An action undertaken by an individual's free will without coercion or external pressure.
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