When a party to a contract transfers his ir her rights to a contract to a third party, which of the following occurs

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asked May 21, 2020 45.2k views

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Marktani · Answer 1 · 2020-05-26T10:04:35+0000

Answer:Assignment (of Rights)[4322]: A transaction whereby a party to the contract (the assignor) transfers his or her rights to some third party (the assignee). As a consequence, the assignee may demand performance of the contract by the obligor, and the assignor's contract rights are extinguished.

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When a party to a contract transfers his ir her rights to a contract to a third party, which of the following occurs

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