Asked by Jessica Green on Apr 27, 2024
Verified
A third party who is intended to directly benefit from a contract made by two contracting parties is called an incidental beneficiary.
Incidental Beneficiary
One who unintentionally gains a benefit from a contract between other parties.
- Distinguish between donee, creditor, and incidental beneficiaries in the context of contract law.
Verified Answer
MT
Monika TyczynskiMay 01, 2024
Final Answer :
False
Explanation :
A third party intended to directly benefit from a contract made by two contracting parties is called an intended beneficiary, not an incidental beneficiary. An incidental beneficiary is a third party who benefits from a contract indirectly or unintentionally.
Learning Objectives
- Distinguish between donee, creditor, and incidental beneficiaries in the context of contract law.