A(n)________ beneficiary is a third party who benefits from a contract in which the promisor agrees to pay the promisee's debt.
A)creditor
B)donee
C)incidental
D)promised
E)avowed

Question

Quizplus · Accepted Answer

There are two types of intended beneficiaries: creditor beneficiaries and donee beneficiaries.A creditor beneficiary is a third party who benefits from a contract in which the promisor agrees to pay the promisee's debt

A(n)________ Beneficiary Is a Third Party Who Benefits from a Contract