A __________ 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 a party who is not part of the original contract (between offeror and offeree) but acquires rights under that contract. A second-party beneficiary does not exist as the original parties to the contract are the first and second parties. "Sub-standard beneficiary" is not a recognized legal term. "Offeror" and "offeree" are parties to the original contract but do not acquire rights under it as beneficiaries.

A __________ Is a Party Who Is Not Part of an Original