Question $12(2$ points$)$

Jed wants to provide for his family when he dies, so he buys a life insurance policy from Huge Insurance Company. The policy states that when Jed dies, his daughter Ellie Mae, will receive the insurance proceeds of $$1$ million. Plus, the contract states that if Jed dies in an accident, the proceeds will double. Jed dies in a drunk driving accident. The insurance company pays Ellie Mae $$1$ million. Ellie Mae claims that the death was accidental and demands the extra $$1$ million. The insurance company argues that Ellie Mae does not have standing to bring a lawsuit against them because she does not have privity of contract $($i$.$e$.$ she was not one of the original parties to the contract$).$ If Ellie Mae files a lawsuit to enforce the contract, a court would likely agree with the insurance company and dismiss it$.$

$$ True

False