Jan owes you $500. Since you owe Bob some money, you give Bob the right to collect the money Jan owes you. This is called:

Question

Quizplus · Accepted Answer

The scenario described does not fit the definitions of promissory estoppel, delegation, repudiation, or beneficiary directly. It most closely resembles an assignment of a right or claim, where one party (the assignor) transfers a right to receive something, in this case, money, to another party (the assignee). However, since "assignment" is not one of the provided choices, the correct answer is "none of the other choices."

Jan Owes You $500