Question

The assigns rights to the . once the rights are assigned, the must perform for the new . 4. the assignee's rights are subject to the defenses that the obligor has against the assignor.

a. true
b. false

Answer 1

hi

1 your answer would be false

Answer 2

The correct answer is a) true.

It is true that the assignee's rights are subject to the defenses that the obligor has against the assignor.

We are talking about terminology in business legislation. To better understand this, let's remember that the assignor is the person who assigns the rights of a contract. The assignee is the person who owes an obligation to another person. The obligor is the person who owes an obligation to another person. And the obligee is the person who to whom an obligation is owed.