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A Third-Party Beneficiary Is a Person Who Is Not a Party

question 38

True/False

A third-party beneficiary is a person who is not a party to a contract but who has the right to enforce it because the parties to the contract made the contract with the intent to benefit him or her.


Definitions:

Clinical Laboratory Improvement Amendments

Regulations established in 1988 that govern laboratory testing in the U.S., ensuring accuracy, reliability, and timeliness of patient test results.

Operating Laboratories

Facilities equipped for conducting scientific experiments, research, or testing, often in the fields of medicine or technology.

Guidelines

a set of recommendations or instructions designed to advise or guide actions in specific situations.

National Institutes of Health

A part of the U.S. Department of Health and Human Services and the primary agency of the United States government responsible for biomedical and public health research.

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