A Third Party Is

question 34

Multiple Choice

A third party is:

• A) the party to which a contractual agreement is meant to benefit.
• B) a person, or persons, who are unintentionally affected by a market transaction.
• C) the third person in a three-way contract.
• D) the person who owns the property right in a contract.
• E) when the government attempts to mediate a dispute between management and labor.

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Definitions:

Motherhood

The state or experience of having and raising a child or children.

Redefine

To define again or differently, often in a way that reinterprets or gives new perspective to something.

Adaptability

The ability to adjust to new conditions or environments.

Separation

Separation involves the act or process of moving apart or forcing something apart, often applied to relationships, materials, or chemical elements.