A. What Is a Third Party Beneficiary

question 59

Essay

a. What is a third party beneficiary?
b. Distinguish between the following types of third party beneficiaries: creditor beneficiary; donee beneficiary; intended beneficiary, incidental beneficiary. Can all third parties that benefit from a contract sue to enforce rights under the contract? Explain.

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Definitions:

Expanding

This refers to the process of increasing in size, volume, quantity, or scope.

Health-related

Pertains to aspects of health and wellbeing, including physical, mental, and social factors.

Possible Selves

Representations of what individuals could become, what they would like to become, and what they are afraid of becoming.

Depressed

A mental state characterized by feelings of sadness, loss of interest, and a lack of pleasure in life, often associated with a variety of mental health disorders.