Explain assignment of rights
What will be an ideal response?
The transfer of contractual rights is called an assignment of rights. A party who owes a duty of performance under a contract is called the obligor. A party who is owed a right under a contract is called the obligee. An obligee who transfers the right to receive performance is called an assignor. The party to whom the right has been transferred is called the assignee. The assignee can assign the right to yet another person called a subsequent assignee, or subassignee.
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Typically, a more expensive shipping option is:
A) slower with a lower holding cost. B) slower with a higher holding cost. C) faster with a lower holding cost. D) faster with a higher holding cost. E) faster, but holding cost is unaffected by delivery speed.
Higher liquidity (holding larger cash and marketable securities balances) generally results in a
lower return on equity. Indicate whether the statement is true or false