Under an assignment of "all rights" on a contract, the assignor is absolved from any liability for performance under the contract.

Name: Under an assignment of "all rights" on a contract, the assignor is absolved from any liability for performance under the contract.
Brand: Quizplus
Rating: 4.8 (29 reviews)

Question

Quizplus · Accepted Answer

An assignment of "all rights" transfers the assignor's rights under the contract to the assignee, but the assignor may still be liable to the original party if the assignee fails to perform the contractual obligations.

Under an Assignment of "All Rights" on a Contract, the Assignor