Questions: After making an assignment, the assignor has no right left to the original contract.
no
a qualified
an equitable
a conditional
Transcript text: Multiple Choice Question
After making an assignment, the assignor has $\qquad$ right left to the original contract.
no
a qualified
an equitable
a conditional
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Solution
Answer
The answer is no.
Explanation
Option 1: no
When an assignor makes an assignment, they transfer their rights under the original contract to the assignee. This means that the assignor typically retains no rights to the original contract unless otherwise specified. The assignee steps into the shoes of the assignor and gains the rights to enforce the contract.
Option 2: a qualified
A qualified right would imply that the assignor retains some limited rights or conditions under the original contract. However, in a standard assignment, the assignor does not retain such rights unless explicitly stated.
Option 3: an equitable
An equitable right would suggest that the assignor retains some form of fairness-based interest in the contract. This is not typically the case in a straightforward assignment, where the rights are fully transferred to the assignee.
Option 4: a conditional
A conditional right would imply that the assignor retains rights that depend on certain conditions being met. In a standard assignment, the assignor does not retain conditional rights unless the assignment itself is conditional, which is not the general rule.