A Donee Beneficiary May Enforce Rights Under a Contract Only

question 2

Multiple Choice

A donee beneficiary may enforce rights under a contract only against the ________.

• A) Promisee
• B) Promisor
• C) Obligor
• D) Initial contracting parties
• E) Assignee

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Definitions:

Completely Vertical

In economics, this can refer to a supply curve that is perfectly vertical, indicating that the quantity supplied is completely unresponsive to changes in price.

Price Elasticity of Demand

The extent to which the demand for a good adjusts in response to price fluctuations.

American Girl Dolls

A brand of dolls and associated books and accessories that represent a variety of historical periods and contemporary settings, aimed at educating and entertaining children.

Quantity Sold

The total number of units of a product or service sold in a given period.