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 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 the contractor's employees at a stated rate.
D) A contract between a governmental unit and business for services to be rendered to area citizens.
Correct Answer:

Verified
Correct Answer:
Verified
Q59: According to the Restatement, unless circumstances indicate
Q60: John transfers to Peggy his right to
Q61: All but which of the following is
Q62: Will wants to buy a new car.
Q63: The obligor need not receive notice for
Q65: Dena purchases a life insurance policy naming
Q66: Under Article 2 of the UCC, a
Q67: Name four types of contract rights that
Q68: In which of the following situations is
Q69: A party delegating his duty to a