Multiple Choice
Joan owes Richard money.Richard assigns his rights of collection to Steve.In this situation,which of the following is true?
A) Joan is the obligee.
B) Richard is the obligor.
C) Richard is the assignor.
D) A,B,and C are true.
E) A and B only are true.
Correct Answer:
Verified
Correct Answer:
Verified
Q36: The parties to a contract can include
Q37: Homeowner enters into an agreement with Grasscutter
Q38: Under a mutual rescission,the parties to a
Q39: John contracted to rent a condominium in
Q40: The state of an individual party being
Q42: A contract cannot be based on the
Q43: Third parties never acquire rights under other
Q44: If a third-party beneficiary tries to enforce
Q45: A clause that prohibits the assignment of
Q46: In an ordinary contract assignment,the assignee:<br>A) acquires