Question 1
"Absence of reasonable care that can be expected of a person in a set of circumstances" defines
◦ pecuniary negligence.
◦ gross negligence.
◦ extreme negligence.
◦ ordinary negligence.
Question 2
A third-party beneficiary is one which
◦ has failed to establish legal standing before the court.
◦ does not have privity of contract and is unknown to the contracting parties.
◦ does not have privity of contract, but is known to the contracting parties and intended to benefit under the contract.
◦ may establish legal standing before the court after a contract has been consummated.