Examlex
Which of the following is true of entities?
Donee Beneficiary
A party who benefits from a contract made between two other parties, without any obligations to perform or pay.
Intended Beneficiary
An individual or group for whom a contract is specifically made to benefit, granting them certain rights or benefits.
Creditor Beneficiary
A creditor beneficiary is a third party that benefits from a contract in which one party (the promisor) agrees to pay a debt owed to the beneficiary by the other party (promisee).
Incidental Beneficiary
A third party who might benefit from a contract between two other parties but does not have legal rights to enforce the contract terms.
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