What are rights that cannot be sold to third parties known as?
A)Non- renounceable rights
B)Non- exchangeable rights
C)Non- tradeable rights
D)Non- redeemable rights

Question

Quizplus · Accepted Answer

Non-renounceable rights are rights that cannot be sold or transferred to third parties. This means that the owner of the rights must exercise them or they will be forfeited, but they cannot sell them to someone else to be exercised. Non-exchangeable and non-tradeable may also be used to describe these types of rights, but non-renounceable is the most common term. Non-redeemable refers to a different concept, and refers to a security or investment that cannot be redeemed or bought back by the issuer.

What Are Rights That Cannot Be Sold to Third Parties