A(n) ____ is a party who is not part of an original contract who acquires rights under the contract.
A) second-party beneficiary
B) third-party beneficiary
C) sub-standard beneficiary
D) offeror
E) offeree

Question

Quizplus · Accepted Answer

A third-party beneficiary is someone who is not a party to the original contract but has acquired rights under the contract. A second-party beneficiary refers to someone who is already a party to the contract. "Sub-standard beneficiary" is not a recognized legal term, and offeror and offeree refer to parties to the contract, not third-party beneficiaries.

A(n) ____ Is a Party Who Is Not Part of an Original