An Incidental Beneficiary Can Hold the Parties to a Contract

question 89

True/False

An incidental beneficiary can hold the parties to a contract legally liable for not rendering performance.

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Definitions:

Environmental Needs

The essential conditions and resources required for ecosystems and human societies to thrive and maintain health and sustainability.

Stocks And Bonds

Equity investments representing ownership in a company (stocks) and debt securities issued by entities (bonds), both forms of investment with different risks and returns.

Refugee Crisis

A situation where large numbers of people are displaced and seek asylum or refuge due to conflicts, persecution, or natural disasters, overwhelming the receiving countries or regions.

Grexit

A portmanteau referring to the potential withdrawal of Greece from the eurozone, especially during the European debt crisis.