What rights does an assignee obtain?

• A. All rights of the assignor as the contract stands at the time of assignment, subject to defenses against the assignor.
• B. Only the rights that are not enforceable against the obligor.
• C. New rights created by the assignment.
• D. Only the payment obligations, not performance rights.

Answer: (A)

When rights are assigned in a contract, the person receiving the assignment takes all the rights the original party had under the contract as they exist at the time of the assignment. They can sue for performance or collect payments just like the assignor could. At the same time, those rights are subject to any defenses or setoffs the obligor could have used against the assignor. So the assignee steps into the shoes of the original party and cannot enforce rights free of the same defenses, nor gain new rights created by the act of assignment. This is why the correct choice reflects taking the contract rights as they stood, with defenses against the assignor still available.