Question: Assume a city contracts with a developer to construct a park, and that this park will raise the value of the home next to the

Assume a city contracts with a developer to construct a park, and that this park will raise the value of the home next to the park. Assume further the homeowner is not a party to the contract between the city and the developer. The homeowner is a

(

)

proximate beneficiary

incidental beneficiary

practical bondholder

none of the above

Assume a city contracts with a developer to construct a park,

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