Question: We discussed in class a quick way to remember what is meant by the concept of third party beneficiary contracts . What did we learn?
We discussed in class a quick way to remember what is meant by the concept of third party beneficiary contracts What did we learn?
Group of answer choices
That third party contracts are the ones where performance can be assigned
That third party contracts are the ones where duties can be delegated
That a third party contract involves a situation whereby a person to a contract with another can be sued successfully by a third party to that contract even though the third party is not a party to the contract if the third party is intended to benefit from that contract
That a third party beneficiary is a situation whereby a person to a contract with another cannot be sued successfully by a third party to the contract because the third party although not a party to the contract knows about the contract
That third party contracts are synonymous with personal service contracts
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