menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Law for Business Study Set 2
  4. Exam
    Exam 17: Third Parties Contract Rights
  5. Question
    If the Promisor's Performance Will Satisfy a Legal Duty That
Solved

If the Promisor's Performance Will Satisfy a Legal Duty That

Question 20

Question 20

True/False

If the promisor's performance will satisfy a legal duty that the promisee owes a third party, the third party is a creditor beneficiary.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q15: Which of the following statements is true

Q16: Contracts involving personal rights are generally assignable.

Q17: Which of the following is true of

Q18: Who is a donee beneficiary? Does he

Q19: Assignors who are paid for making an

Q21: Ronny contracted Smiths to supply a dress

Q22: A donee beneficiary:<br>A) is a third-party beneficiary

Q23: After an assignment, the assignee is entitled

Q24: Any assignment that would materially alter the

Q25: Assignees should promptly notify the promisor of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines