When a Donee Beneficiary May Enforce Rights Under a Contract,it

question 15

Multiple Choice

When a donee beneficiary may enforce rights under a contract,it may be done so only against the ____.

• A) Promisee
• B) Promisor
• C) Obligor
• D) Initial contracting parties
• E) Assignee

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Definitions:

Federal Government

The national government of a federal system, possessing powers enumerated by its constitution.

Social Security Taxes

Social Security taxes are taxes levied on both employers and employees to fund the Social Security program, providing benefits for retirees, disabled persons, and survivors.

Personal Income Tax

A tax levied on individuals or households based on their total annual income.

Corporate Income Tax

A tax imposed on the net income or profit of corporations.