What is a third-party beneficiary? What will be an ideal ...

[michelleunicorn]

What is a third-party beneficiary?
 
  What will be an ideal response?

Question 2

This type of statute holds that whoever wins the race to the register of deeds office and records a deed first is the owner of the property, regardless of whether she had notice of a prior conveyance by the seller to another:
 
  a. Race-notice statute
  b. Pure race statute
  c. Pure-notice statute
  d. None of the above

[ebe]

Answer to Question 1

A person not a party to the contract for whose benefit the contract was created.

Answer to Question 2

B