Identify the Following Terms

question 102

Short Answer

Identify the following terms:
Lawrence of Arabia

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Definitions:

Obligor

A party in a contractual agreement who is legally bound to perform a certain duty or pay a specified amount to another, the obligee.

Prohibited

Actions, practices, or items that are expressly forbidden by law, regulation, or other forms of authority.

Intended Beneficiary

A person or entity that is not a direct party to a contract but is meant to benefit from the contract’s performance.

Expressly Designating

Clearly specifying or identifying something or someone for a particular purpose.