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Menu Costs Help to Explain

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Menu costs help to explain


Definitions:

Donee Beneficiary

A third party that benefits from a contract between two other parties, to whom the promisor's performance is a gift.

Promisee

The individual or entity to whom a promise is made and who stands to benefit from the fulfillment of that promise.

Creditor Beneficiary

An individual or entity that benefits from a contract made between two other parties because of a debt owed to them.

Breach of Contract

The failure to perform any term of a contract, written or oral, without a legitimate legal excuse.

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