Carrie and Clayton enter into a contract.Carrie transfers her rights under the contract to Tamir.What is this transfer of rights called?
A)Referral
B)Transfer
C)Privity
D)Assignment
E)Disgorgement

Question

Quizplus · Accepted Answer

A)Assignment occurs when a party to a contract transfers his or her rights to
receive something under the contract to a third party.
B)Assignment occurs when a party to a contract transfers his or her rights to receive something under the contract to a third party.
C)Assignment occurs when a party to a contract transfers his or her rights to receive something under the contract to a third party.
D)Assignment occurs when a party to a contract transfers his or her rights to receive something under the contract to a third party.
E)Assignment occurs when a party to a contract transfers his or her rights to receive something under the contract to a third party.

Carrie and Clayton Enter into a Contract