Examlex
Which one of the following correctly indicates the position of the parties in respect to contracts involving minors?
Intended Beneficiary
A third party for whom a contract is created to benefit, giving them certain rights to enforce the contract.
Contract
A legally enforceable agreement between two or more parties that creates mutual obligations enforceable by law.
Rights
Entitlements or permissions granted to individuals or groups by legal systems, societal norms, or moral principles, often protected by law.
Vest
To mature, as in the maturation of rights that allow a party to act legally on the rights.
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