Which of the Following Involves a Creditor Beneficiary Relationship

question 4

Multiple Choice

Which of the following involves a creditor beneficiary relationship?

• A) A contract where the insured names a bank with which he has a loan as the beneficiary of a life insurance policy.
• B) A contract between an employer and a union representing the employees which is made for the benefit of the employees.
• C) A contract between the owner of a building and the contractor stating that the contractor will pay the contractor's employees at a stated rate.
• D) A contract between a governmental unit and business for services to be rendered to area citizens.

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Definitions:

Bare Rock

Exposed rock surfaces without any vegetation, soil, or biological activity visible on them.

Mutualistic Relationship

A biological interaction between two different species where each species benefits from the relationship.

Density-Independent Factor

Environmental factors that affect the size of a population regardless of its density, such as weather, natural disasters, and pollution.

Sudden Freeze

A rapid drop in temperature to below freezing, often with little warning, causing potential damage to the environment and agriculture.