Multiple Choice
Randall agrees to pay a yearly premium to an insurance company that promises to give his daughter $150,000 upon his death. This is an example of a ________.
A) void contract
B) creditor-beneficiary contract
C) quasi-contract
D) donee-beneficiary contract
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q5: Courts apply an objective test when determining
Q11: State the elements of a legal contract.
Q12: An illusory promise can be defined as
Q16: Sarah owes Jane $10,000 under a valid
Q23: A(n) is the present transfer of an
Q28: Contract law is grounded in the case
Q31: A donee beneficiary contract exists when the
Q47: State the requirements for a legal acceptance
Q55: Which of the following would render a
Q75: Contract law is grounded in .<br>A) state