Examlex

Solved

The ____ Structure Makes a Decision and Then Takes an Appropriate

question 24

Multiple Choice

The ____ structure makes a decision and then takes an appropriate action based on that decision.


Definitions:

Privity

A relationship between parties that is sufficiently close to validate contracts or grant rights or obligations.

Indirectly Benefit

To gain advantage or profit in a secondary way from an action or event not directly involved with one's efforts.

Incidental Beneficiary

A third party who incidentally benefits from a contract but whose benefit was not the reason the contract was formed. An incidental beneficiary has no rights in a contract and cannot sue to have the contract enforced.

Intended Beneficiary

A third party for whose benefit a contract is formed; an intended beneficiary can sue the promisor if such a contract is breached.

Related Questions