A Transfer of Contractual Rights to a Third Party Is

question 2

True/False

A transfer of contractual rights to a third party is an assignment.

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Definitions:

Envelopes

Paper or plastic enclosures used for sending letters, documents, or other items, sealed at one end with an opening at the other.

Watermark

A recognizable image or pattern in paper or digital form that appears as various shades of lightness/darkness, used to identify authenticity and prevent counterfeiting.

Photo-sensitive Mark

A type of indicator or feature on an object that changes its appearance in response to light exposure.

Clasp Envelopes

Envelopes that feature a metal clasp for closure, used to securely hold documents.