Unlike an Assignment, a Participation ________, Although the Holder of the Participation

Multiple Choice

Unlike an assignment, a participation ________, although the holder of the participation has the right to vote on certain legal matters concerning amendments to the loan agreement.

A) does not confer privity of contract on the holder of the participation
B) confers privity of contract on the holder of the participation
C) confers a legally recognized relationship between two parties
D) does not confer privity of contract on the holder of the involvement