Which party receives rights in a contract assignment?

• A. Assignor
• B. Assignee
• C. Assignment
• D. Void contract

Answer: (B)

When rights under a contract are transferred, the recipient of those rights is the assignee. The assignee now has the ability to enforce the contract and receive the benefits from it. The party who starts the transfer is the assignor, who gives up those rights. The act itself is called the assignment, which is the instrument conveying the rights. A void contract isn’t about who gains rights; it means there is no enforceable agreement to begin with. So the assignee is the one who receives the rights.