What is the term for the party to whom a contract is assigned?

The correct term for the party to whom a contract is assigned is "assignee." This individual or entity receives the rights and obligations outlined in the contract from another party, known as the assignor. In practice, when a contract is assigned, the assignee assumes responsibility for fulfilling the terms of that contract, and they gain the benefits that the original party was entitled to.

Understanding this terminology is crucial in the context of contracts because it clarifies the roles of the parties involved in the assignment. The assignor is the party transferring the rights and obligations, while the assignee is the recipient of those rights and obligations. This concept is vital in many fields, including funeral service, where contracts for services may be assigned from one party to another.

The other terms listed—offeror, contractor—are not applicable in this context. An offeror is someone who makes an offer in a contract negotiation, and a contractor typically refers to a person or company that undertakes a contract to provide services. Thus, recognizing the specific role of the assignee helps in understanding how contracts can be modified or transferred between parties.