A(n) ________ is a contractual party who agrees to do something for the other party.
A) Obligor
B) Obligee
C) Assignor
D) Benefactee
E) Benefactor

Name: A(n) ________ is a contractual party who agrees to do something for the other party. A) Obligor B) Obligee C) Assignor D) Benefactee E) Benefactor
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Question

Quizplus · Accepted Answer

An obligor is a person or entity legally bound to provide a benefit or service to another, the obligee, under the terms of a contract.

A(n) ________ Is a Contractual Party Who Agrees to Do