A Donee Beneficiary Is a Third Party That Benefits from a Contract

question 80

True/False

A donee beneficiary is a third party that benefits from a contract in which the promisor agrees to pay the promisee's debt.

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Definitions:

SOC Code

An acronym for Standard Occupational Classification code, which is a system used to classify workers into occupational categories for the purpose of collecting, calculating, or disseminating data.

Major Group

A classification system used to group similar occupations or academic fields for organizational or analytical purposes.

Fundamental Human Needs

Basic requirements that are universal to all humans, including physiological needs, safety, love/belonging, esteem, and self-actualization.

Blustein's Perspective

A theoretical framework that focuses on the psychological relationship between individuals and their work, emphasizing the importance of work in personal identity and social integration.