Asked by
Mariya Duleva
on Nov 27, 2024
Verified
Music Masters Inc. enters into a contract to pay Nag for a dozen original songs. Nag transfers the right to payment under the contract to Omni Artists. After the transfer, Nag's contract right to the payment is
A) unaffected.
B) extinguished.
C) conditional.
D) secondary.
Contract Right
A legal entitlement embedded within a contract that grants parties specific abilities or enforces particular obligations.
- Acquire knowledge of the rights and duties of assignors, assignees, obligors, and obligees in the context of contract assignments.
Verified Answer
DW
Learning Objectives
- Acquire knowledge of the rights and duties of assignors, assignees, obligors, and obligees in the context of contract assignments.