A[n] ______ Beneficiary Is One Who Unintentionally Gains a Benefit

question 11

Multiple Choice

A[n] ______ beneficiary is one who unintentionally gains a benefit from a contract between other parties.

• A) Incidental
• B) Creditor
• C) Donee
• D) Vested
• E) Accidental

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Definitions:

Decision Tree

A graphical representation of possible solutions to a decision based on certain conditions, used in decision analysis to help identify a strategy most likely to reach a goal.

States Of Nature

Different outcomes or scenarios that can occur in decision-making situations, often uncertain and beyond the control of the decision maker.

Largest Payoff

Refers to the maximum possible gain or benefit that can be achieved in a given situation, often used in game theory and economics.

State Of Nature

A concept in political philosophy used to describe the condition of humanity before the establishment of societal laws and norms.