Privity of contract refers to the transfer of contractual rights by an obligee to another party.
Correct Answer:
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Q22: An obligee who transfers the right to
Q23: Approval clauses require that the assignee approve
Q24: A party who is owed a right
Q25: In the United States, sales contracts and
Q26: Terms such as "sell," "convey," and "give"
Q28: If the assignee fails to provide notice
Q29: Anti-assignment clause in a contract prohibits the
Q30: The American rule provides that the first
Q31: The English rule provides that the final
Q32: What happens when an obligor does not
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