Asked by Hannah Williams on Jun 13, 2024

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A[n] ________ beneficiary is a third party who benefits from a contract in which the promisor agrees to give a gift to the third party.

A) Creditor
B) Donee
C) Incidental
D) Promised
E) Avowed

Donee Beneficiary

A third party that benefits from a contract between two other parties, especially in a gift or donation context.

Contract

A legally binding agreement between two or more parties that outlines obligations and rights of the involved parties.

Promisor

The individual or party that makes a promise or commitment in a contract.

  • Acquire comprehension of the legal contrasts among donee beneficiaries, creditor beneficiaries, and incidental beneficiaries.
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Steve ZangwaJun 15, 2024
Final Answer :
B
Explanation :
A donee beneficiary is a third party who benefits from a contract because the promisor agrees to give a gift to the third party, fitting the description provided.