In Some Cases, Third Persons, Such as Third Party Beneficiaries

question 14

True/False

In some cases, third persons, such as third party beneficiaries or assignees, have rights on a contract.

---

Definitions:

Alumni

Former students or graduates of a particular school, college, or university, often forming an association to maintain connections with their institution.

Sorting Mechanism

A process or system used to classify, organize, or rank individuals or groups based on certain criteria.

Technological Advancements

Progress or innovation in technology that enhances efficiency, productivity, or brings new tools and methods into use.

Lower-Class People

Individuals or groups positioned at the bottom of a societal hierarchy based on income, occupation, education, and/or social status.