A Third Party Who Is Intended to Directly Benefit from a Contract

question 88

True/False

A third party who is intended to directly benefit from a contract made by two contracting parties is called an incidental beneficiary.

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Definitions:

Social Network

A structure made up of individuals or organizations that are connected by one or more specific types of interdependency, such as friendship, kinship, common interest, or relationships based on data exchange.

Cliques

Small, exclusive groups of people or friends, often formed within larger groups, characterized by shared interests and close personal relationships.

Tasks Efficiency

The effectiveness and productivity with which tasks are completed, often within a specified time frame.

Network Centralization

A measure of the extent to which interactions within a network are either concentrated around one or a few nodes or evenly distributed among all nodes.