Rendering Contract Performance Directly to a Third Party Does Not

question 11

True/False

Rendering contract performance directly to a third party does not indicate whether that party is an incidental or an intended beneficiary.

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Definitions:

Restraint of Trade

Restraint of trade refers to any activity or agreement that restricts competition or the free operation of the market.

Geographical Restriction

Limitations placed on where a business can operate or where a person can live or work, often found in contracts or legal agreements.

Severable

Describes contract clauses that can be legally separated or isolated from the rest of the contract, allowing for parts of the contract to be invalidated or enforced independently.

Multiple Parts

Consisting of several components, elements, or sections that contribute to a whole.