To transfer contract rights to a third party is:
A) assignment
B) delegation
C) repudiation
D) beneficiary
E) none of the other choices

Question

Quizplus · Accepted Answer

Assignment is the legal transfer of contract rights to a third party. Delegation refers to the transfer of duties, not rights. Repudiation is a breach of contract where one party expressly states that they will not uphold their obligations. Beneficiary refers to a third party who may benefit from a contract but does not have direct rights or obligations under the contract.

To Transfer Contract Rights to a Third Party Is