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

question 50

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 in return for compensation plus interest.


Definitions:

Not Being Prepared

The state of lacking the necessary readiness, resources, or information required for a particular task or situation.

Dressed Appropriately

Wearing attire that is suitable for a particular event, occasion, or environment.

Answering Calls

The act of responding to telephone calls, often in a customer service or professional office setting.

Profession

A vocation or career, often requiring specialized training and adherence to a set of ethical standards and norms.

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