The party to whom a contractual duty of performance is owed is known as the:
A) obligee.
B) obligor.
C) assignee.
D) assignor.

Question

Quizplus · Accepted Answer

The obligee is the party who has the right to receive performance under the terms of the contract. The obligor is the party who owes the duty of performance. An assignee and assignor are not relevant to this question as they relate to the assignment of contractual rights and duties to third parties.

The Party to Whom a Contractual Duty of Performance Is