GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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22:57 Jul 18, 2020 |
Spanish to English translations [PRO] Law/Patents - Mining & Minerals / Gems / Agreemets | |||||||
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| Selected response from: Aldana Vivas Lucic Argentina Local time: 09:19 | ||||||
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Cede their right to ownership pursuant to the deal Explanation: Liability and profitability implied |
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To assign rights and duties Explanation: An assignment is the transfer of contractual rights to third parties. A delegation is the transfer of contractual duties to third parties. However, you can simply use "assignment of rights and duties" instead of, for instance, "to assing rights and to delegate duties" These definitions were taken from the West's Business Law 12 ed. |
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