A Third Party Who Is Not in Privity of Contract

question 20

True/False

A third party who is not in privity of contract but who has rights under the contract and can enforce the contract against the promisor is called an incidental beneficiary.

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Definitions:

Ideal Number

The concept of a perfect or most suitable quantity or amount for a particular situation.

Blended Family

A family unit composed of a couple and their children from this and all previous relationships, combining elements from two or more families.

Boomerang Children

Young adults who return, after leaving home for some period, to live in the homes of their middle-aged parents.

Underemployment

Refers to a situation where individuals are working in jobs that do not fully utilize their skills, education, or availability, often resulting in part-time employment when full-time jobs are desired.