Question
1.Please choose the correct statement that is most accurate with respect to terminology used in assignment cases: (A)in a bilateral contract each party is an
1.Please choose the correct statement that is most accurate with respect to terminology used in assignment cases:
(A)in a bilateral contract each party is an obligor (who is entitled to receive performance of another) and an obligee (who has an obligation to perform)
(B)an obligee delegates rights, and an obligor delegates duties
(C)the term assignment may mean a transfer of a contractual right, or it may mean a transfer of both rights and duties
(D)the person making the transfer is called the assignee, and the one receiving the transfer is called the assignor
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