How does "assignment of rights" differ from "delegation of duties"?

The concept of "assignment of rights" refers to the transfer of benefits or rights from one party to another within a contractual relationship. When a party assigns their rights, they essentially allow another individual or entity to receive the benefits originally agreed upon in the contract. This does not typically affect the obligations of the original party under the contract, as they remain liable for performance.

In contrast, "delegation of duties" involves the transfer of obligations and responsibilities from one party to another. While the party delegating the duties may assign the task to someone else, they still retain responsibility for ensuring that the duties are fulfilled as per the contract. Therefore, even after delegation, the original obligor remains accountable for performance.

Understanding this distinction is crucial for anyone involved in contract management, as it highlights how obligations and benefits can be shared or transferred, while maintaining the originating party's obligations under the contract. This understanding helps to clarify roles and responsibilities, ensuring all parties are aware of their rights and duties in any contractual agreement.