The transfer of all or some of the rights under a contract is called a(n) ________.

Question

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The transfer of all or some of the rights under a contract is called an assignment. An allonge is a separate sheet of paper that is attached to a negotiable instrument, such as a check or promissory note, to add endorsements. An endorsement is a signature that indicates the legal transfer of a negotiable instrument from one party to another. A restrictive endorsement limits the use of the negotiable instrument, such as "for deposit only."

The Transfer of All or Some of the Rights Under