Asked by
Anandita Kakwani
on Nov 21, 2024Verified
Raymond finds out that the city of Mornady has a contract with ACME company to pave the streets in front of his house. Paving the street will increase the value of his property. Raymond would be a[n] ________ beneficiary to the contract.
A) donee
B) creditor
C) incidental
D) accidental
E) negligent
Incidental Beneficiary
A third party who benefits from a contract between two other parties, albeit without any intention from the contracting parties to benefit the third party.
Contract
A legally enforceable agreement between two or more parties with mutual obligations.
Paving Streets
The process of covering and constructing roads with materials like asphalt or concrete to create a smooth, durable surface for vehicles and pedestrians.
- Familiarize oneself with the legal disparities between donee beneficiaries, creditor beneficiaries, and incidental beneficiaries.
Verified Answer
JM
Learning Objectives
- Familiarize oneself with the legal disparities between donee beneficiaries, creditor beneficiaries, and incidental beneficiaries.