A transfer of a contract right is called an assignment.

Assignment

Assignment involves the transfer of rights or obligations from one party to another, often seen in contracts, leases, or financial agreements.

Familiarize oneself with the legal structure that regulates the assignment and delegation of responsibilities in contract law.

Verified Answer

Final Answer :

True

Explanation :

This is correct as an assignment refers to the transfer of a contract right or obligation from one party to another.

Learning Objectives

Familiarize oneself with the legal structure that regulates the assignment and delegation of responsibilities in contract law.