Tyron Purchased a Vacant Lot and Entered into a Contract

question 41

Multiple Choice

Tyron purchased a vacant lot and entered into a contract with BZ Inc.to construct a shopping center on the site.Douglas heard about this contract and built a restaurant on an adjoining piece of property because of the planned shopping center.Tyron was unable to raise the necessary capital and was unable to perform the contract with BZ,Inc.Douglas sued Tyron for breach of contract as a third party beneficiary.Douglas will probably

• A)win as a third party creditor beneficiary.
• B)win as a third party donee beneficiary.
• C)lose as a third party incidental beneficiary.
• D)lose as a third party creditor beneficiary.

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Definitions:

Self-Serving Principles

Guidelines or beliefs that are primarily aimed at benefiting oneself, often at the expense of others.

Concern for Others

A trait or attitude that reflects a person's care, empathy, and consideration for the feelings and needs of other people.

Situational-Effect Principles

The concept that the outcomes or behaviors in a given situation are influenced by the unique combination of elements present in that situation.

Concern-For-Others Principles

The concern-for-others principles prioritize empathy, care, and the welfare of others in decision-making and interpersonal interactions, fostering a supportive and compassionate environment.