A transfer of some portion of a contract's rights and corresponding duties means that:

Question

Quizplus · Accepted Answer

When there is a transfer of some portion of a contract's rights and corresponding duties, it means that one party is assigning their rights under the contract (e.g. the right to receive payment) to another party, while also delegating some of their duties (e.g. the obligation to deliver goods). Therefore, option A is the correct choice. Option B is incorrect as it suggests that duties are delegated instead of assigned. Option C is incorrect as it does not accurately describe what happens in a transfer of rights and duties. Option D is also incorrect as contracts often allow for the assignment of rights and duties, subject to certain conditions.

A Transfer of Some Portion of a Contract's Rights and Corresponding