A(n) ________ occurs when there is a transfer of both rights and duties under a contract.
A) assignment and delegation
B) declaration of duties
C) assumption of duties
D) discharge

Question

Quizplus · Accepted Answer

An assignment and delegation occurs when there is a transfer of both rights and duties under a contract. The assignor transfers their rights and the assignee assumes their duties, while the delegator transfers their duties and the delegatee assumes their rights.

A(n) ________ Occurs When There Is a Transfer of Both