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When Parties Enter into a Contract,they Can Agree That the Performance

question 41

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When parties enter into a contract,they can agree that the performance of one of the parties should be rendered to or directly benefit a third party.Under such circumstances,the third party is called an incidental third-party beneficiary.


Definitions:

Carbon Cycle

The worldwide circulation of carbon from the abiotic environment into living things and back into the abiotic environment.

Photosynthetic Organisms

Organisms capable of photosynthesis, a process that converts light energy into chemical energy, typically involving the production of oxygen from carbon dioxide.

Carbon Dioxide

Created both by the burning of organic matter and the act of respiration, this gas, which neither has color nor a detectable odor, is essential for plant photosynthesis.

Phosphorus Sink

An ecosystem or part of an ecosystem that absorbs more phosphorus than it releases, often leading to phosphorus accumulation.

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