A third party who provides no consideration and owes no legal duty to the contracting parties is

Question:

A third party who provides no consideration and owes no legal duty to the contracting parties is a done beneficiary. True/False

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Law With UCC Applications

ISBN: 9780073524955

13th Edition

Authors: Gordon Brown, Paul Sukys

See More Books

Question Posted: Jan 25, 2024 05:00 AM

See More Questions

The fundamental problem with a sales orientation is a lack of understanding of the needs and wants of the marketplace. a. True b. False
Plaintiffs, who are sisters, were defrauded by Kenneth Soule, an agent of defendant Equitable Life Assurance Society of the United States (Equitable), beginning while Soule was employed by Equitable...
On April 26, 1984, [Mary] Stine loaned her daughter [Mary Ellen Stewart] and son-in-law [William] Stewart $100,000 to purchase a home. In return, the Stewarts jointly executed a promissory note for...
Suppose you want to reduce the level of trash disposed by your household. Develop an emission standard, a technology standard, and an ambient standard that would accomplish the reduction.
Find the characteristic frequencies of the coupled circuits of Figure 12-C. C2 L12 Ly
Compare the annual life insurance premium of Jenny Davis who is 35 years old, and purchases a $250,000, 20-year level term policy using a non-tobacco rate to the premium paid by Chloe Levine, her...
What is Rugmans contribution to perceptions about the spread of globalisation?
Separate company financial statements for Pen Corporation and its subsidiary, Syn Company, at and for the year ended December 31, 2012, are summarized as follows (in thousands): ADDITIONAL...
The demand for a product in year 2019 is displayed in the table. Month Demand (orders) January 66,753 February 67,686 March 68,641 April 68,979 May 69,278 June 69,577 July 69,602 August 70,348...
The principle of privity stopped many judges from establishing third party rights. True/False
The cyber-revolution cannot be ignored by anyone who wants to succeed in business today. Manufacturers and sellers regularly use the Internet to advertise, to negotiate, and to send payments across...
On January 1, 2016, Chris Hunts and Carol Lo formed the Chris and Carol Partnership by investing the following assets and liabilities in the business: An independent appraiser believes that Chris's...
ASA TOUR TEACHER PRACTICE ANOTHER A linear programming computer package needed ams Currently, pretional plans are under way for this year's programs Advertising ateratives include television The...
Mastery Problem: Activity-Based Costing WoolCorp WoolCorp buys sheeps wool from farmers. The company began operations in January of this year, and is making decisions on product offerings, pricing,...
.1 Exploring Matrix Multiplication The table shows the first two test scores for Anna, Bruce, Chris, and David. Use the table to create a 4x2 matrix M to represent the data. This is Project 2.1 in...
Before tackling the Rosewood case, this initial question tests your ability to compute the CLV metric and then apply it in a simple breakeven analysis. The data below show the results of a Starbucks...
True or False: Secondary analysis involves the firsthand collection of data by the researcher. True False True or False: Research oriented data sets are collected according to stringent measurement...
Repeat Prob. 11-74 assuming isentropic efficiencies of 75 percent for the compressor and 80 percent for the turbine.
Hardin Services Co. experienced the following events in 2016: 1. Provided services on account. 2. Collected cash for accounts receivable. 3. Attempted to collect an account and, when unsuccessful,...
Is vaping harmful?
Women pay higher prices for certain products and services compared to what men are chargedfrom dry-cleaning to haircuts. This is known as gender-based pricing. Is gender-based pricing objectionable?...
What is the key idea upon which the Canadian Constitution is based?
How does the life time analysis differ from the basic customer profitability approach(500 words)
The security analysis research reports, published by sell side analysts working for security firms and FINRA, purport to sell an analyst's investment ideas to an investor in exchange for...
During the month of September,the Cider Pressing Company is trying to determine how much cider they are going to sell in October and November. One gallon of cider typically sells for $7 per gallon....

A third party who provides no consideration and owes no legal duty to the contracting parties is

Question:

Step by Step Answer:

Business Law With UCC Applications

Students also viewed these Social Science questions