A party beneficiary contract is one in which a party (the promisor)promises to render a certain performance not to the other party (the promisee)but to a third person (the beneficiary).

Question

Quizplus · Accepted Answer

A party beneficiary contract is also known as a third-party contract, where the promisor promises to perform a certain obligation to a third person (beneficiary) who is not a party to the original contract.

A Party Beneficiary Contract Is One in Which a Party