Expressly Designating a Third Party as a Beneficiary in a Contract

question 12

True/False

Expressly designating a third party as a beneficiary in a contract does not indicate whether the beneficiary is intended or incidental.​

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Definitions:

Radical Incrementalism

An approach that combines small, gradual changes with occasional significant, transformative shifts to achieve long-term goals.

Sustainability Lens

An approach to making decisions that consider the long-term impacts on environmental, social, and economic factors.

Rate of Replenishment

The speed at which resources are renewed or restocked to their original levels.

E-factor

An entrepreneurial factor crediting the degree to which personal characteristics of the entrepreneur affect the success of the business venture.