It Is Necessary That a Third-Party Beneficiary Be Identified by Name

question 8

True/False

It is necessary that a third-party beneficiary be identified by name.

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Definitions:

Edge City

A term for a concentrated area of business, shopping, and entertainment outside a traditional downtown or urban core.

San Jose

The capital and largest city of Costa Rica, known for its rich cultural history, technological industry, and as a significant political and economic center in Central America.

Dot-Com Boom

A period in the late 1990s characterized by a rapid rise in equity markets fueled by investments in Internet-based companies.

Resource Depletion

The consumption of a resource faster than it can be replenished, leading to a diminishing supply.