![]() ![]() ![]() There are a few notable rules regarding assignments under contract law. B is the ultimate recipient of the duty under the assignment, and is the “ obligee.” C is also the “secondary obligor,” since he/she must perform the obligations to B. C is the “assignee,” since C is the party to whom A transfers the contract. A is also the “primary obligor,” meaning he/she will still be liable to B if C fails to teach B guitar. In this example, A is the “assignor” because he/she assigns the contract to C. Here, A has both: assigned A’s rights under the contract to receive the $50 to C, and delegated A’s duty to teach guitar to C. For example, if A contracts with B to teach B guitar for $50, A can assign this contract to C. Under contract law, when one party assigns a contract, the assignment represents both: (1) a transfer of rights and (2) a delegation of duties. The act of transferring is referred to as “ assigning” or “ assignment” and is a concept found in both contract and property law. Assignee is a person to whom a right is transferred by the person holding such rights under the transferred contract (the “assignor”).
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