Which of the Following Is True About the Vesting of an Intended

question 59

Multiple Choice

Which of the following is true about the vesting of an intended beneficiary's rights?

• A)The promisor and promisee may provide that the benefits will never vest.
• B)States are consistent in their rules as to when vesting occurs.
• C)Vesting cannot require the third party to change position in reliance on the promise made for his benefit.
• D)Regardless of whether an intended beneficiary's rights have vested, the promisor and promisee may, by later agreement, vary those rights.

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