Approval clauses require that the ________ approve any assignment of a contract.
A) obligee
B) obligor
C) assignor
D) assignee

Name: Approval clauses require that the ________ approve any assignment of a contract. A) obligee B) obligor C) assignor D) assignee
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Question

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Approval clauses typically require the obligor, who is the party obligated to perform under the contract, to approve any assignment of the contract to ensure they are aware of and agree to the new party taking over the obligations.

Approval Clauses Require That the ________ Approve Any Assignment of a Contract