If a Contract Does Not Require That Performance Be Rendered

question 38

True/False

If a contract does not require that performance be rendered directly to a third party,the third party is an intended beneficiary.

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Definitions:

Inferior

Considered lower in status, quality, or importance compared to others.

Outgroup Homogeneity Effect

cognitive bias referring to the tendency to see members of an outgroup as more similar to each other than members of one's ingroup.

Similar

Having traits or characteristics in common; alike in substance or essentials.

Individuals

Separate and distinct entities often referenced in the context of discussing unique persons or single members of a group.