Solved

A(n) ________ Is an Original Creditor Who Becomes a Beneficiary

Question 9

Multiple Choice

A(n) ________ is an original creditor who becomes a beneficiary under the debtor's new contract with another party.

A) donee beneficiary
B) creditor beneficiary
C) incidental creditor
D) subsequent assignee

Related Questions

Q4: A(n) _ refers to a contracting party

Q5: The aggrieved party loses the right to

Q6: _ is a clause in a contract

Q7: What does the American Rule for successive

Q8: Terms such as "sell," "convey," and "give"

Q10: Unilateral rescission of a contract constitutes a

Q11: Which of the following is true of

Q12: Condition subsequent exists when the parties to

Q13: Anti-assignment clause in a contract prohibits the

Q14: Contracts for the provision of personal services