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Hershel Greene has the right under a contract with Runway Retail, Inc., to buy the retailer’s clothing overstock. Hershel's sale of this right to Sade’s Style House is

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Hershel's sale of this right is b. an assignment.

In an assignment:

  • an assignor transfers a contractual right to some other party
  • the other party is called the assignee
  • the assignee has the power to enforce the contractual rights that the assignor had.

Hershel is the assignor in this scenario as they transferred rights they had on Runway Retail Inc. by means of a sale. Sade is therefore the assignee here because they received these rights.

In conclusion, this is an assignment because it has the features of an assignment.

Find out more at https://brainly.com/question/14669727.

Options for this question include:

a. a delegation.

b. an assignment.

c. prohibited.

d. a third-party beneficiary contract.

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