The ______ in a Third-Party Beneficiary Contract Is the Party

question 65

Multiple Choice

The ______ in a third-party beneficiary contract is the party to the contract who made the promise that benefits the third party.

• A) Promisee
• B) Promisor
• C) Obligor
• D) Obligee
• E) Assignor

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Definitions:

Comprehension Skills

The ability to understand, process, and interpret written or spoken information.

English Words

Linguistic units of the English language used to convey meaning, consisting of vowels and consonants formed into meaningful sequences.

SQ3R Reading System

A reading comprehension technique including five steps: Survey, Question, Read, Recite, and Review, designed to improve understanding and retention of written information.

Retain

To keep in one's memory or possession; holding onto information or items.