a. When a party to a contract transfers her rights to receive something under the contract to a third party.
b. When two parties enter into a contract to benefit a third party, called the intended beneficiary.
c. When a party to a contract transfers her duty to perform to a third party who is not part of the original contract.
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Home » Business » What is assignment? a. When a party to a contract transfers her rights to receive something under the contract to a third party. b. When two parties enter into a contract to benefit a third party, called the intended beneficiary. c.