What is the difference between ‘Assignment” and “Cession” in contract law? They seem like virtually the same thing to me
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A cession is specific to a right being transferred. So if you have the right of first refusal in a contract, and you are transferring that right to someone, that is a cession.
A delegation is when you transfer an obligation to someone. So if a contract requires you to pay something, if you transfer that responsibility to someone else, that is a delegation.
An assignment is **a combination** of cessions and delegations. An assignment is when both rights and obligations in a contract are transferred to someone else.
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