Contracts
A NH buyer who is assigned a purchase contract by the original buyer (assignee) steps into the original buyer's shoes, meaning the assignee:
AGets a brand-new contract with the seller
BTakes the contract as-is with all rights and obligations of the original buyer✓ Correct
CIs relieved of all obligations if the original buyer defaults
DMust renegotiate the contract terms with the seller
Explanation
In a contract assignment, the assignee takes the contract with all its terms, rights, and obligations. Unless the original buyer is released (novation), the original buyer may remain secondarily liable if the assignee defaults.
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