Which of the following is true about the vesting of an intended beneficiary's rights?
A)The promisor and promisee may provide that the benefits will never vest.
B)States are consistent in their rules as to when vesting occurs.
C)Vesting cannot require the third party to change position in reliance on the promise made for his benefit.
D)Regardless of whether an intended beneficiary's rights have vested, the promisor and promisee may, by later agreement, vary those rights.

Question

Quizplus · Accepted Answer

The promisor and promisee can agree that the benefits to an intended beneficiary will never vest, meaning the beneficiary's rights can be limited or negated by the terms of the contract.

Which of the Following Is True About the Vesting of an Intended