A rock group assigns its payment under a performance contract to the Costume Shop,a business that has supplied the group with outrageous stage outfits,and to which the group owes a great sum of money.Under this arrangement the rock group is the
A)assignor.
B)assignee.
C)delegator.
D)delegatee.

Question

Quizplus · Accepted Answer

The rock group is assigning their payment to the Costume Shop, making them the assignor. The assignee would be the entity receiving the assigned payment, which in this case would be the Costume Shop. Delegation involves transferring authority and responsibility to someone else to perform a specific task, which is not happening in this scenario.

A Rock Group Assigns Its Payment Under a Performance Contract