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An obligee who transfers the right to receive performance is called the ______. A) subsequent assignor. B) obligor. C) assignor. D) assignee.

1 Answer

4 votes

Answer:

C) assignor

Step-by-step explanation:

An obligee who transfers the right to receive performance is called the assignor. The assignor is the party who transfers or assigns a right under a contract to another party, known as the assignee. In such a transfer, the assignor transfers their right to receive the performance of the other party (the obligor) to the assignee. The obligor is the party who owes the performance under the contract and may be required to provide payment, goods, or services to the assignee instead of the original obligee.

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