'Exams Test Your Ability to Remember Information, So You Should

question 14

True/False

'Exams test your ability to remember information, so you should write down as much you can recollect, even if it does not seem directly relevant to the question, because it will probably attract some credit.' Is this statement true or false?

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Definitions:

Privity of Contract

The principle that a contract is a private agreement between the contracting parties only, and as such, only these parties have rights and obligations under the contract.

Incidental Beneficiary

One who unintentionally gains a benefit from a contract between other parties.

Donee Beneficiary

A third party who benefits from a contract in which a promisor agrees to give a gift to the third party.

Incidental Beneficiary

A third party who may benefit from a contract between two other parties, even though the benefit was not the purpose of the contract.