A Third Party Who Is Unable to Establish That the Contract

question 3

Multiple Choice

A third party who is unable to establish that the contract was made with the intent to benefit her is called a(n) :

• A)donee beneficiary.
• B)incidental beneficiary.
• C)promisee.
• D)creditor beneficiary.

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Definitions:

Economic Expansion

A phase of the business cycle during which the economy grows, characterized by increased output, employment, and consumer spending.

Laissez-faire Approach

An economic philosophy of minimal governmental intervention in the market and the operations of businesses.

Technological Progress

Advances in technology that improve production efficiency, product quality, and innovation across sectors.

Roosevelt Administration

Refers to the period of Franklin D. Roosevelt's presidency in the United States from 1933 to 1945, marked by New Deal policies aimed at economic recovery from the Great Depression.