We've found 12 Third Party Beneficiary tests

Business Law Consumer Price Index Contracts Legal Management Marketing-Real Estate Real Estate Finance Fundamentals Third Party Beneficiary
Real Estate – Ch 10 – Leases – Flashcards 72 terms
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Matilda Campbell
72 terms
Business Ethics Business Law Rights And Duties Third Party Beneficiary
BUSLaw Chp15: Third-Party Rights and Discharge – Flashcards 30 terms
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Robert Lollar
30 terms
Business Law Life Insurance Policy Rights And Duties Third Party Beneficiary
Chapter 16 business law – Flashcards 28 terms
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Patricia Smith
28 terms
Business Law Rights And Duties Third Party Beneficiary
law chapter 17 – Flashcards 19 terms
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Edwin Holland
19 terms
Business Law First National Bank Legal Management Third Party Third Party Beneficiary
ch.19 business law – Flashcards 39 terms
Sarah Taylor avatar
Sarah Taylor
39 terms
Insurance Third Party Beneficiary True And False
Flashcards on Life Insurance 57 terms
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Larry Charles
57 terms
Business Law Finance Legal Management Parol Evidence Rule Third Party Beneficiary
BUS 115 Chapter 16 Quiz – Flashcards 9 terms
Henry Lowe avatar
Henry Lowe
9 terms
Business Law Contracts Rights And Duties Third Party Beneficiary
Law chapter 15 – Flashcards 41 terms
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Richard Molina
41 terms
Business Law Legal Management Third Party Beneficiary
11 – Assignment Writing – Flashcards 42 terms
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Matthew Carle
42 terms
Business Law Business Management Metes And Bounds Parol Evidence Rule Third Party Beneficiary
Flashcards on Business Law Exam 4 86 terms
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Trina Garrison
86 terms
Business Law Entertainment Legal Management Third Party Beneficiary Zoology
Combo with BUL 17 MC and 15 others – Flashcards 560 terms
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Stephanie Landry
560 terms
Bargained For Exchange Business Law Third Party Beneficiary
FIN 240 Ch.13 – Flashcards 20 terms
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Ewan Knight
20 terms
A third party beneficiary’s status occurs ______. after an assignment and delegation when the third party is informed of the contract when the third party beneficiary agrees to the contract terms when the contract is created
when the contract is created
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234. _____ Mike makes a contract with Rich with the intent to benefit Mary. This is: a. An assignment b. A delegation c. A third party beneficiary contract d. None of the above
c. A third party beneficiary contract
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Phaedra and Raul contract with Sheldon to transfer the ownership of their lake cottage to him. This is a. a delegation. b. an assignment. c. a third party beneficiary contract. d. an alienation.
d. an alienation.
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Jerry purchased a state-of-the-art computer for his personal use from Computer City on an installment loan contract thinking he would make monthly payments directly to Computer City. The sales contract stated that in the event the contract is assigned to a third party, the purchaser (Jerry) promises he will not assert any claim or defense against the assignee which he might have against Computer City. Computer City immediately assigns the contract rights to Finance USA. The computer stops working within two weeks of the purchase. This is a valid waiver of defense clause. Jerry signed the contract, so he can’t raise a defense to Finance USA. Finance USA is an intended third party beneficiary and may therefore enforce the contract. In general, this type of waiver is not permitted in consumer contracts, so Jerry can raise his claim against Finance USA. This is a delegation of Jerry’s duties and the delegator remains liable on the contract unless a novation agreement is made.
In general, this type of waiver is not permitted in consumer contracts, so Jerry can raise his claim against Finance USA.
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A third party beneficiary is someone
someone who was not a party to the contract but stands to benefit from it
More test answers on https://studyhippo.com/chapter-16-business-law-47619/
third party beneficiary:
someone who was not a party to the contract, but stands to benefit from it.
More test answers on https://studyhippo.com/law-chapter-17-47643/
third party beneficiary contract
a contract in which the parties to the contract intend that the contract benefit a third party
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Tanya attempts to free herself from the duties of her contract with Drew by telling Drew to find someone else to perform them. This is a. a delegation. b. an assignment. c. a third party beneficiary contract. d. none of the choices.
d. none of the choices.
More test answers on https://studyhippo.com/combo-with-bul-17-mc-and-15-others/
T/F If Valley Bridge contracts with Rainbow Painters to paint a bridge and the contract requires that only Sherwin Williams paint be used, then Sherwin Williams, as third party beneficiary will be able to enforce the contract against either Valley Bridge or Rainbow Painters.
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