Asked by
kayla kurzynski
on Nov 27, 2024Verified
A creditor beneficiary cannot sue a promisor directly to enforce a contract.
Creditor Beneficiary
A third party that benefits from a contract, particularly in contexts where the promisee's intention is to pay a debt to the beneficiary.
Promisor Directly
Pertains to the person who has made a promise or commitment being the one to fulfill that obligation without intermediaries.
- Achieve an appreciation of the contrast between specified and fortuitous third-party beneficiaries within contracts.
- Be aware of the legal remedies available to parties when a contract is breached by one of the parties or when a third party beneficiary's rights are violated.
Verified Answer
RR
Learning Objectives
- Achieve an appreciation of the contrast between specified and fortuitous third-party beneficiaries within contracts.
- Be aware of the legal remedies available to parties when a contract is breached by one of the parties or when a third party beneficiary's rights are violated.
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