A Third Person Does Not Have the Status of an Intended

question 23

True/False

A third person does not have the status of an intended third-party beneficiary unless it is clear at the time the contract was formed that the parties intended to impose a direct obligation with respect to the third person.

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Definitions:

Women's Suffrage

The historical campaign to grant women the legal right to participate in elections by voting.

American Women

Refers to females who are citizens or residents of the United States, acknowledging their diverse contributions and experiences throughout American history.

Severe Depression

A term generally used to describe a period of significant and prolonged downturn in economic activity, marked by high unemployment and financial instability.

Conflict Between Capital

The inherent opposition between capitalist interests, such as profit maximization by business owners, and the labor force seeking better wages and working conditions.