The ________ in a third-party beneficiary contract is the party to the contract who owes something to the promisor in exchange for the promise made to the third-party beneficiary.

A) promisee
B) principal
C) assignor
D) assignee
E) delegator

Promisee

In a third-party beneficiary contract, the party to the contract who owes something to the promisor in exchange for the promise made to the third party.

Principal

The initial sum of money that is invested or lent, used as the foundation for calculating interest and returns.

Assignor

An individual or entity that transfers the rights or interests of a contract to another party, known as the assignee.