Frank owes anderson $500. frank is the obligor. anderson, as the obligee, assigns the right to receive the $500 to his daughter jemma. jemma is now:

Question

Guest

Business

16 February, 19:36

Frank owes anderson $500. frank is the obligor. anderson, as the obligee, assigns the right to receive the $500 to his daughter jemma. jemma is now:

+4

Answers (1)

Know the Answer?

Ahmed Schneider · Answer 1

Frank owes Anderson $ 500. Frank is the obligor. Anderson, as the obligee, assigns the right to receive the $500 to his daughter Jemma. Jemma is now the assignor and cannot enforce the contract against Frank.

Assignor refers to the company or a person that transfers a property or right to someone else.