The Party Who Makes the Promise That Benefits the Third

question 58

Multiple Choice

The party who makes the promise that benefits the third party is the ________ in a third-party beneficiary contract.

• A) Promisee
• B) Promisor
• C) Obligor
• D) Obligee
• E) Assignor

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Definitions:

Equal Distances

In mathematics and statistics, a concept where the separation between points or values in a sequence or scale is consistent across the sequence.

Absolute Zero

The point on a scale at which no quantity of what is being measured exists, representing a complete absence of that entity.

ACT

A standardized test used for college admissions in the United States, measuring skills in English, mathematics, reading, and science, with an optional writing test.

Standard Score

A score that has been transformed to fit into a standard scale, allowing comparison across different tests or assessments.