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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Privity of contract
Sir can you please tell me what a valid assignment?? It’s a term used as exception for third party in privity of contract
Hi
So a an assignment is where there is a transfer. So for eg transferring a debt would be an “assignment” of the debt to someone else. Essentially it means a contract to “transfer”.
Best wishes,
Vijay
