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Which of the Following Involves a Creditor Beneficiary Relationship

Question 12

Multiple Choice

Which of the following involves a creditor beneficiary relationship?


A) A contract where the insured names a bank with which he has a loan as the beneficiary of a life insurance policy
B) A contract between an employer and a union representing the employees,which contract is made for the benefit of the employees
C) A contract between the owner of a building and the contractor stating that the contractor will pay his employees at a stated rate
D) A contract between a governmental unit and business for services to be rendered to area citizens

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