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Describe the purpose of a third party beneficiary contract and explain two common types. You have just won a contract with the federal government. You

Describe the purpose of a third party beneficiary contract and explain two common types.

You have just won a contract with the federal government. You are the prime contractor and plan on using subcontractors. Explain the Privity of Contract Rule for this government contract.

What is breach of contract? Summarize the remedies available for breach of contract and damages.

Describe a liquidated damages clause and specify when this type of clause may be used in a business contract.

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Third party beneficiary contract An outsider recipient in the law of agreements is an individual who might reserve the option to sue on an agreement notwithstanding not having initially been involved ... blur-text-image

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