If a Contract Requires That Performance Be Rendered Directly to a Third

question 3

True/False

If a contract requires that performance be rendered directly to a third party,the third party is an incidental beneficiary.

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Definitions:

Agreement to Agree

An arrangement where parties agree to reach a future agreement on specific terms but have not yet agreed on all the terms.

Material Terms

Essential conditions and obligations in a contract that are critical to the agreement's performance and enforcement.

Enforceable

Capable of being imposed or upheld by law.

Offeror Can Revoke

The legal principle that allows the person making an offer (offeror) to withdraw that offer before it is accepted, subject to certain conditions.