-Refer to the Graph Above to Answer This Question

question 131

Multiple Choice

-Refer to the graph above to answer this question.What is the illegal price if a quantity of 25 only is available?

• A)$5.
• B)$6.
• C)$7.
• D)$8.
• E)$9.

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Definitions:

Third-party Beneficiary

This is an individual or group that benefits from a contract although they are not one of the primary parties involved in the agreement.

Incidental Beneficiary

An individual or entity that might receive a benefit from a contract between two other parties, despite not being an intended party of the contract.

Intended Beneficiary

A person for whom a contract is specifically made and who has the right to enforce the contract terms against the parties involved.

Donee Beneficiary

A third party who benefits from a contract between two other parties, especially in the context of gifts or estates.