Reyansh wins a gift voucher from Shine Car Fixtures. In terms of the voucher, he is entitled to a free carwash. Since he does not own a car, he cedes his right to the free carwash to his friend Sahil.Which ONE of the following statements is CORRECT?

Question

Answer

An agreement between Reyansh and Sahil in terms of which a new obligation is created between Shine Car Fixtures and Sahil, is a cession of rights.

Answer

An agreement between Shine Car Fixtures and Sahil in terms of which a new obligation is created between Shine Car Fixtures and Sahil, is a cession of rights.

Answer

An agreement between Reyansh and Sahil in terms of which Sahil becomes entitled to performance by Shine Car Fixtures, is a cession of rights.

Answer

An agreement between Reyansh and Shine Car Fixtures in terms of which a new obligation is created between Shine Car Fixtures and Sahil, is a cession of rights.

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Reyansh wins a gift voucher from Shine Car Fixtures. In terms of the voucher, he...

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