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Which of the Following Is True About the Vesting of an Intended

Question 59

Multiple Choice

Which of the following is true about the vesting of an intended beneficiary's rights?


A) The promisor and promisee may provide that the benefits will never vest.
B) States are consistent in their rules as to when vesting occurs.
C) Vesting cannot require the third party to change position in reliance on the promise made for his benefit.
D) Regardless of whether an intended beneficiary's rights have vested, the promisor and promisee may, by later agreement, vary those rights.

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