When the Parties to a Contract Agree That Its Performance

question 32

True/False

When the parties to a contract agree that its performance should directly benefit a third person,the third person is an intended third party beneficiary.

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Definitions:

Transductive Reasoning

A form of reasoning where conclusions are drawn based on specific examples or instances, rather than through abstract logic, prevalent in young children.

Class Inclusion

The principle that one category or class of things can include several subclasses.

Subclasses

Categories that are subordinate to a larger class, providing a means to organize elements into hierarchies or specializations.

Make Believe

Engaging in imaginative play, pretending, or creating a fictional scenario.