Asked by Yania Campbell on Jul 05, 2024
Verified
A third party who is unable to establish that the contract was made with the intent to benefit her is called a(n) :
A) donee beneficiary.
B) incidental beneficiary.
C) promisee.
D) creditor beneficiary.
Incidental Beneficiary
A third party who benefits from a contract between two other parties, although the benefit was not the reason the contract was formed.
Donee Beneficiary
A third party who benefits from a contract made between two other parties, particularly where the contract's intent is to gift something to the beneficiary.
Creditor Beneficiary
A third party that benefits from a contract in which one party promises to pay a debt owed to the third party by the other contract party.
- Master the subject of third-party beneficiaries and their various classifications.
Verified Answer
Learning Objectives
- Master the subject of third-party beneficiaries and their various classifications.
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