Sarah owes Jane $10,000 under a valid contract but has been unable to pay the debt. Becky agrees to pay $10,000 to Jane in exchange for Jane's contract claim against Sarah. In this scenario, Becky is the ________.

Question

Quizplus · Accepted Answer

Becky is the assignee, as she is receiving the right to Jane's contract claim against Sarah. This is an example of an assignment of contract rights.

Sarah Owes Jane $10,000 Under a Valid Contract but Has