A third party who is benefited by a contract and the performance was intended to be a gift is called a(n) ________.Multiple choice question.donee beneficiarycreditor beneficiarydebtor beneficiaryincidental beneficiary
Question
A third party who is benefited by a contract and the performance was intended to be a gift is called a(n) ________.Multiple choice question.donee beneficiarycreditor beneficiarydebtor beneficiaryincidental beneficiary
Solution
A third party who is benefited by a contract and the performance was intended to be a gift is called a(n) donee beneficiary.
Similar Questions
A third party who could not establish that the contract was made with an intent to benefit her is considered to be a(n) _____ beneficiary.Multiple choice question.creditordoneeincidentalintended
A(n) _________beneficiary is an intended third party who is benefited by the performance of a promisor that satisfies the legal duty owed by a promisee.Multiple choice question.incidentaldoneedebtorcreditor
A third party who has rights against both the promisee and the promisor is called a(n) Blank______ beneficiary.Multiple choice question.creditorincidentaldoneeinternal
A(n) Blank______ beneficiary would be classified as a donee beneficiary.Multiple choice question.intendedintentionalincidentalinternal
A person who acquires the right to possession and use of goods under a lease is known as a(n): Blank______.Multiple choice question.third-party beneficiarylessorincidental beneficiarylessee
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.