Jimmy and Penny enter into a contract. Jimmy transfers his rights under the contract to Luis. Jimmy is a(n):
A) Transferor
B) Transferee
C) Relator
D) Assignor
E) Assignee

Name: Jimmy and Penny enter into a contract. Jimmy transfers his rights under the contract to Luis. Jimmy is a(n): A) Transferor B) Transferee C) Relator D) Assignor E) Assignee
Brand: Quizplus
Rating: 5.0 (28 reviews)

Question

Quizplus · Accepted Answer

Jimmy is the Assignor because he is the one who transfers his rights under the contract to Luis.

Jimmy and Penny Enter into a Contract