Author Question: Generally, in comparison to a donee beneficiary, a creditor beneficiary has A) about the same legal ... (Read 133 times)

Mr.Thesaxman

  • Hero Member
  • *****
  • Posts: 514
Generally, in comparison to a donee beneficiary, a creditor beneficiary has
 A) about the same legal rights.
 B) substantially greater rights.
 C) substantially fewer legal rights.
 D) virtually no legal rights.

Question 2

Susan took out a life insurance policy on herself, paying all of the premium payments. She named her daughter, Jessica, as the beneficiary under the policy. Jessica has not given anything in consideration for the policy. Jessica is
 A) a donee beneficiary who has rights to enforce the policy once Susan dies.
 B) a creditor beneficiary who has rights to enforce the policy once Susan dies.
 C) an incidental beneficiary because Jessica did not give any consideration for the policy and therefore cannot enforce the policy even when Susan dies.
 D) a promisor in the contract with no enforcement rights.



canderson530

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

For a complete list of videos, visit our video library