Third Party Rights in Contracts Can Arise by Assignment of Rights

question 69

True/False

Third party rights in contracts can arise by assignment of rights, delegation of duties, or in third party beneficiary contracts.

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Definitions:

Fluid G

Refers to one of the two types of general intelligence, characterized by the ability to reason quickly and solve new problems independently of previously acquired knowledge.

Artistic Intelligence

The ability to create, understand, and appreciate art and its aesthetic values.

New Problems

Unfamiliar or unforeseen challenges that require critical thinking and innovative solutions.

Fluid Intelligence

denotes the capacity to reason quickly and think abstractly, solving novel problems without relying extensively on learned knowledge and experience.