A party who owes a duty of performance under a contract is called the ________.
A) obligor
B) assignor
C) assignee
D) oblige

Question

Quizplus · Accepted Answer

An obligor is the party who owes a duty of performance under a contract. This means that they are obligated to fulfill their end of the agreement. The other options, assignor and assignee, refer to parties involved in assigning rights under a contract, while "oblige" is a verb and not a legal term.

A Party Who Owes a Duty of Performance Under a Contract