Question

Emilia owed Cassie $10 for a bottle of lotion. The next week, Kelsey came into town and her, Cassie and Emilia wanted to go to 6th street. To pay for the party bus to get down there, Kelsey paid $20 for her and Cassie to ride. Since Emilia owed Cassie the exact amount that it took for Cassie to get downtown, Cassie just told Emilia to pay the $10 to Kelsey because Kelsey paid for Cassie's bus ride.

Who is the assignor?

Answer 1

Cassie is the assignor as she transferred her right to receive the $10 from Emilia to Kelsey for the payment of the party bus, making Kelsey the assignee.

Step-by-step explanation:

In the scenario provided, we are dealing with a debt assignment situation, which falls under the subject of law. The assignor is the entity or individual who transfers the rights and obligations of a debt to another party. Initially, Emilia owed Cassie $10. However, when Kelsey paid $20 for both her and Cassie's ride, Cassie directed Emilia to pay the $10 to Kelsey instead. In this case, Cassie acts as the assignor, because she is transferring her right to receive $10 from Emilia to Kelsey. Kelsey, in return, becomes the assignee, now holding the right to receive the payment from Emilia that was originally owed to Cassie.