Examlex
Multiply and simplify where possible. Match each of the expressions with the expression obtain a true statement.
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Third-Party Donee Beneficiary
A person who benefits from a contract between two other parties, although they are not one of the contract's signatories.
Insurance Policy
A contract between an individual or entity and an insurance company, outlining the terms for premium payment in exchange for risk coverage.
Assignment
The process of handing over rights, assets, or responsibilities from one entity to another.
Delegation
The act of assigning responsibility or authority from one person or entity to another, typically from a higher to a lower authority.
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