What is the definition of the legal term "assignment"?
A) the substitution of parties or replacement of one contract with another
B) the right to a remedy for breach when a party has sustained a loss
C) the transfer of contractual rights from one party to someone else
D) the transfer of a contractual right by an assignee to an assignor

Question

Quizplus · Accepted Answer

Assignment refers to the transfer of contractual rights from one party (the assignor) to another party (the assignee).

What Is the Definition of the Legal Term "Assignment