A transfer of contract rights to another party is:
A) assignment
B) reenlistment
C) delegation
D) termination
E) reassignment

Question

Quizplus · Accepted Answer

Assignment refers to the transfer of contract rights from one party to another. This transfer can happen with the consent of all parties involved and typically requires some form of consideration or payment. Reenlistment, delegation, and termination do not involve the transfer of contract rights to another party. Reassignment may be a possible answer, but it is less specific than assignment and could refer to a variety of scenarios where an individual is moved from one position to another.

A Transfer of Contract Rights to Another Party Is