A Third Party Who Is Not in Privity of Contract

question 74

True/False

A third party who is not in privity of contract but who has rights under the contract and can enforce the contract against the obligor is said to be an intended beneficiary.

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Definitions:

Instrumentality

The belief or expectation that performing a certain behavior will lead to a particular outcome or reward.

Psychological Needs

Fundamental emotional or cognitive requirements for well-being and effective functioning, such as autonomy, competence, and relatedness.

Autonomous Motivation

The drive to perform an activity for its inherent satisfaction or enjoyment, rather than external pressures or rewards.

Relationships

How two or more ideas, items, or individuals are linked together, or the condition of being linked.