Loren and Kendra enter into a contract for the distribution of Loren's produce to local restaurants for which he agrees to pay Kendra. Kendra transfers her right to payment under the contract to County Bank. This transfer is

a. an alienation

b. an assignment

c. a delegation

d. prohibited

Question

Business

Aidyn Black

12 June, 18:38

Loren and Kendra enter into a contract for the distribution of Loren's produce to local restaurants for which he agrees to pay Kendra. Kendra transfers her right to payment under the contract to County Bank. This transfer is

a. an alienation

b. an assignment

c. a delegation

d. prohibited

+5

Answers (1)

Know the Answer?

Fisher · Answer 1

Answer: (B) An assignment

Explanation:

According to the question, Kendra is transferring her legal right for the payment to the county bank under contract and this transfer is known as an assignment.

An assignment is basically known as the legal document and it contain all the transaction record information from one entity to the other entity. Assignment is one of the legal term that are used in the law of the contract and the property.

Therefore, Option (B) is correct.

Loren and Kendra enter into a contract for the distribution of Loren's produce to local restaurants for which he agrees to pay Kendra. Kendra transfers her right to payment under the contract to County Bank. This transfer isa. an alienationb. an assignmentc. a delegationd. prohibited

Loren and Kendra enter into a contract for the distribution of Loren's produce to local restaurants for which he agrees to pay Kendra. Kendra transfers her right to payment under the contract to County Bank. This transfer is

a. an alienation

b. an assignment

c. a delegation

d. prohibited