Regarding the Assignment of Contract Rights

question 20

Multiple Choice

Regarding the assignment of contract rights:

• A)The party owed a particular right under a contract is called the obligee.
• B)The party who owes the duty of performance is called the obligor.
• C)The party who transfers his right to another is called the assignor.
• D)A,B,and C.
• E)A and B only.

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Definitions:

Job Satisfaction

The level of contentment employees feel regarding their job, including aspects like work environment, pay, and duties.

Empire Building

The practice of aggressively expanding an organization’s scope or domain of influence, often for personal prestige or organizational power.

Human and Material Resources

Human and material resources refer to the personnel and physical supplies or commodities, respectively, that an organization utilizes to carry out its operations.

Evaporation

The process by which water changes from a liquid to a gas or vapor.