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Assignment Contract Form

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Instructions and help about co assignment

in this video we will discuss contract law assignments in an assignment one party to a contract takes his right to Performance and gives it to someone else so let's say we have Joe who's a great football player with many fans but his biggest fan and his favorite fan is his own mom one day Joe signs a contract with a professional football team the California Crushers for $1 million but he remembers his hardworking mom so he assigns his right to payment of the $1 million to his mom so now Joe is the assignor and Joe's mom is the assign and she's been assigned the right to payment of the 1 million from The Crushers the obligor our general rule is there's no problem assigning rights under a contract but there can be a problem if it's a personal service contract or if the other party the obligor will be burdened or put at risk because of the assignment for example let's say Joe's mom is a Baker and she signs a contract to bake

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