If a contract does not require that performance be rendered directly to a third party,the third party is an intended beneficiary.
Correct Answer:
Verified
Q7: The only way that a party can
Q9: In most cases, a contract that prohibits
Q11: An insurance policy is an example of
Q12: A delegator is a party who transfers
Q13: Privity of contract establishes the basic concept
Q14: As long as a contract is personal
Q15: Banks may not assign their loan contracts
Q19: It is legally necessary to notify the
Q20: An assignment of rights in real estate
Q33: An incidental beneficiary can sue directly to
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