Assignment of Duties in Contractual Relationships
This Skill Bit lets you transfer contractual obligations to another party (assignee) with the obligee’s (other party’s) consent. The assignee assumes your responsibilities, but you generally remain liable unless a novation occurs. Legal advice is recommended for navigating assignment clauses.
Duration approx. 4 Min.
Tier: basics
A part of Principals Ruling Contractual Relationship course.