In Determining Whether a Person Is an Incidental or Intended

question 11

Multiple Choice

In determining whether a person is an incidental or intended beneficiary,which of the following do courts consider?

• A)The courts ask if a reasonable person in the position of the party in question would believe the contracting parties intended to benefit the party in question.
• B)The courts ask if the party in question paid something for the rights.
• C)The courts ask if it is substantially certain that the contracting parties intended to benefit the party in question.
• D)The courts ask if the party in question paid at least $500 for the rights.
• E)The courts ask if it can be proven beyond a reasonable doubt that the contracting parties intended to benefit the party in question.

---

Definitions:

Mutual Funds

Financial instruments that aggregate funds from various investors to acquire a varied collection of equities, debts, or alternative assets.

Consumer Price Index

An index that measures the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.

Substitutes

Products that serve similar purposes. An increase in the price of one will cause an increase in demand for the other (examples are hamburgers and tacos, butter and margarine, Chevrolets and Fords).

Cable TV

is a system of delivering television programming to consumers via radio frequency signals transmitted through coaxial cables.