Which of the following statements about the vesting of a beneficiary's rights is false?
A)Courts have held that there is a point at which the rights of the beneficiary vest.
B)A modification or discharge that occurs after the beneficiary's rights have vested cannot be asserted as a defense to a suit brought by the beneficiary.
C)A provision of the contract between the promisor and the promisee stating that the duty to the beneficiary cannot be modified would be effective to prevent modification.
D)The exact time at which the beneficiary's rights vests is identical in every jurisdiction.

Question

Quizplus · Accepted Answer

The exact time at which the beneficiary's rights vest differs from jurisdiction to jurisdiction.Some courts have held that vesting occurs when the contract is formed,while others hold that vesting does not occur until the beneficiary learns of the contract and consents to it or does some act in reliance on the promise.

Which of the Following Statements About the Vesting of a Beneficiary's