Revenue & Sales Corporation and Software Solutions, Inc., enter into a contract for the design of custom software for which Revenue & Sales agrees to pay $4,500. Software Solutions transfers the right to payment under the contract to Creditline Company. Creditline is
A) an assignor.
B) an assignee.
C) an obligee.
D) a delegate.
Correct Answer:
Verified
Q5: An "as?signment of all rights" creates an
Q8: An assignee has a right to demand
Q9: A right can be assigned even if
Q10: A transfer of contract duties to a
Q11: An insurance policy is an example of
Q14: As long as a contract is personal
Q18: If a contract requires that performance be
Q19: Rights to receive funds can be assigned.
Q20: Intended beneficiaries can sue to enforce a
Q32: There are no exceptions to the rule
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