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Author Question: A third party beneficiary's status occurs A) after an assignment and delegation. B) when the third ... (Read 162 times)

Mr. Wonderful

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on: Jun 24, 2018
A third party beneficiary's status occurs
 A) after an assignment and delegation.
 B) when the third party is informed of the contract.
 C) when the third party beneficiary agrees to the contract terms.
 D) when the contract is created.

Question 2

Regarding beneficiaries, if the promisee is making a gift, the third party is called a _______ beneficiary.
 A) donee
 B) creditor
 C) intentional
 D) obligor


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lkoler

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Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

A


Mr. Wonderful

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

shewald78

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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