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Creditor Beneficiary
A third party that benefits from a contract made between two other parties because the contract discharges a debt or duty owed to them.
On Credit
The purchase of goods or services with the promise to pay at a future date.
Just Books
a term potentially referring to a concept of fairness in accounting practices, ensuring that records are accurate and truthful.
Incidental Beneficiary
A party who indirectly benefits from a contract but has no legal right to enforce the agreement made between other parties.
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