Who should provide a notice of assignment to the obligor?
A) an assignee
B) an assignor
C) an obligee
D) a facilitator

Question

Quizplus · Accepted Answer

According to the principles of contract law, it is the responsibility of the assignee (the person or entity receiving the assignment) to provide notice of the assignment to the obligor (the party who owes performance on the contract). This is necessary to ensure that the obligor knows to whom they should provide performance going forward.

Who Should Provide a Notice of Assignment to the Obligor