A[n] ______ Is Created When Two Parties Enter into a Contract

question 34

Multiple Choice

A[n] ______ is created when two parties enter into a contract with the intended end purpose of benefiting a third party.

• A) Third-party beneficiary
• B) Second-party beneficiary
• C) First-party beneficiary
• D) Assignment
• E) Creditor Beneficiary

---

Definitions:

Business Problem

An issue or obstacle that affects the operational or financial performance of a company, requiring management attention and resolution.

Practical Standpoint

A perspective or approach based on practical considerations, often emphasizing practical outcomes and solutions over theoretical ones.

Media Generally

Refers broadly to various means of communication and platforms for disseminating information to the public, including newspapers, television, radio, and the internet.

Employment Issues

A broad term that encompasses various challenges and disputes that can arise in the workplace, including discrimination, harassment, wrongful termination, and wage disputes.