A creditor beneficiary is the third-party beneficiary who is in the strongest legal position to enforce a contract.

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Victoria Molitoris · Accepted Answer

Final Answer : True, Explanation :  A creditor beneficiary is a third-party beneficiary who benefits from a contract made between two other parties for the purpose of repaying a debt or obligation. This position grants them the strongest legal standing to enforce the contract if its terms are not met, as the contract is intended to satisfy an obligation owed to them.

A creditor beneficiary is the third-party beneficiary who is in the strongest legal position to enforce a contract.

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