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Angie owes Roderick $10,000, payable in six months. Roderick, who is leaving the country, gives his rights to the payment to Margaret for $800. Which

Angie owes Roderick $10,000, payable in six months. Roderick, who is leaving the country, gives his rights to the payment to Margaret for $800. Which of the following is true regarding this scenario?

Multiple Choice

  • Angie owes Margaret $10,000.

  • Roderick is the obligor.

  • Roderick will receive $10,000 from Angie.

  • Angie owes Margaret $8,000.

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