Examlex
The layout that is efficient and inexpensive as it simplifies the task and can use unskilled labour.
Third Party
An entity that is not directly involved in a transaction or agreement but may be affected by it or have an interest in it.
Obligee
The party in a contract who is entitled to receive a performance or service from another party (the obligor).
Donee Beneficiary
A donee beneficiary is someone who benefits from a contract in which the promisor agrees to give a gift or confer a benefit to the beneficiary.
Promisor
The party in a contract who has made a promise to perform an action or service for the other party, known as the promisee.
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