A[n] ______ Beneficiary Is a Third Party to a Contract

question 27

Multiple Choice

A[n] ______ beneficiary is a third party to a contract who is intended to be benefited directly from the contract made by the contracting parties.

• A) Intended
• B) Incidental
• C) Preferred
• D) Collateral
• E) Ancillary

---

Definitions:

Median

The middle value in a sorted list of numbers, which separates the higher half from the lower half of the dataset.

Mean

The calculation of the arithmetic average involves adding up all the values in a series and dividing the total by the quantity of numbers.

Rounded

The process of approximating a number to a specified degree of precision, often to the nearest whole number.

Rounding Rules

Guidelines used in mathematics and statistics for reducing the number of digits in a numeric value according to certain criteria, typically to make the value simpler or more intuitive.