Examlex
What are the three main economic theories mentioned in the text? Which economic theory do you most agree with? Briefly describe the economic theory you have chosen and explain why you agree with that one in particular.
Donee Beneficiary
A third party who benefits from a contract made between two other parties, specifically where the intent is to gift a benefit or rights under the contract to the third party.
Promisee
The person to whom a promise is made or a commitment is given.
Promisor
An individual or entity that makes a promise or agreement to perform a specified act or service in a contract.
Delegable
Refers to duties or tasks that can be assigned or transferred from one party (the delegator) to another (the delegatee), legally allowing for the completion of the task by someone other than the original party.
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