Ron Makes a Contract with Stu That Indirectly Benefits Tim,although

question 7

Multiple Choice

Ron makes a contract with Stu that indirectly benefits Tim,although nei?ther Ron nor Stu intended that result.Tim is

• A)a delegatee.
• B)an assignee.
• C)an incidental beneficiary.
• D)none of the choices.

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Definitions:

Fee-For-Service

A payment model where services are unbundled and paid for separately, often seen in healthcare settings.

Cost-Efficient

Economically advantageous, achieving the best possible outcome or value with the least waste of resources or effort.

Community Rating

A pricing strategy where health insurance premiums are not based on an individual’s health status or age but are the same for all members of a community.

Average Risk

The standard level of chance or probability that an individual will encounter a specific event or condition, used as a baseline in risk assessments.