Question: Lisa is a third - party beneficiary under a contract between Ned and Otis. Ned and Otis can modify or rescind their contract to take

Lisa is a third

-

party beneficiary under a contract between Ned and Otis. Ned and Otis can modify or rescind their contract to take away Lisa's rights under the contract without her consent

.

after Lisa's rights have vested.

.

at any time.

.

before Lisa's rights have vested.

.

at no time.

Lisa is a third-party beneficiary under a contract between Ned and

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Molly is a third party beneficiary under a contract between Ned and Otis. Ned and Otis can modify or rescind their contract to take away Moly's rights under the contract without her consent a ) at...

1. Garth owns two all-terrain vehicles (ATVs), worth $1,000 and $500, respectively. Helen agrees to buy Garths ATV for $750. Garth believes, in good faith, that he is selling the $500 ATV. Helen...

Molly is a third - party beneficiary under contract between Ned and Otis Ned and Otis can modify a recent their contract to take away Molly's rights under the contract without her consent

I want to know someone 's opinion about this discussion is there any one can share it with me please? Seller and Buyer enter into a real estate contract for the purchase and sale of a residence for...

Question 1 (1 point) What is the legal principle of "limited liability"? Question 1 options: a) Shareholders' liability is limited to their investment in the corporation. b) Directors are not...

Practice Test Questions Instructions: Show necessary work. 1. Acounty is divided into three districts with the populations shown below. There are 10 seats on the county council that need to be...

4. Lisa Perez was seen in your office twice last fall. Her deductible has been met and her coinsurance is 85-15. In October, she was seen for influenza vaccination, and her insurance company was...

Can someone help me with this chart HMO pay? What does the patient owe? 4. Lisa Perez met and her coinsurance was seen i n your office twice last fall. Her deductible has been is 85-15. In October,...

HMO pay? What does the patient owe? 4. Lisa Perez met and her coinsurance was seen i n your office twice last fall. Her deductible has been is 85-15. In October, she was seen for uenza accination,...

Whole Organizational Design Intervention - Using Galbraith's STAR model, evaluate what you know about the current situation in this organization. Complete each of the categories in Figure 27.4 at the...

Summarize the Ted Talk. Are you in agreement or disagreement with what is being said? How has unethical activity on social media affected prominent people or corporations today? Do you believe that...

In the case "Coventry Health Care of Missouri, Inc. v. Jodie Nevils", What is any notation of a lower court's decision like the type of court, the trial court, the appellate court, or circuit? Also,...

Please help with number 4 Show all images Show all images Show all images done loading

Free cash flow valuation You are evaluating the potential purchase of a small business with no debt or preferred stock that is currently generating $ 4 2 , 7 0 0 of free cash flow ( F C F 0 = $ 4 2 ,...