Modification or discharge occurring after the vesting of beneficiary's rights ________.Multiple choice question.does not affect the terms of a contractis the best defense against a promisoris not a valid defense to a suit brought by beneficiaryis likely to be accepted by all the jurisdictions

Which two of the following statements are true about the vesting of beneficiary rights? (Choose two correct answers)Multiple select question.The exact time of vesting differs from one jurisdiction to the other.None of the jurisdictions support vesting of beneficiary's rights.All courts view that vesting occurs when a contract is formed.The beneficiary's rights can be modified or discharged.

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

Under the provisions of the UCC, the right of restitution is subject to a __________.Multiple choice question.buyer's right to refuse paymentseller's right to recover damagesbuyer's right to repudiate a contractseller's right to refuse delivery

In cases where the parties to a contract intended to benefit a third party, courts will give effect to their intent and permit the ________ to enforce the contract.Multiple choice question.third party assigneesthird party beneficiariesthird party creditorsthird party assignors

In case of breach of a contract, the _____ beneficiary can enforce the contract against the promisor and not the promisee.Multiple choice question.incidentalcreditordoneedebtor