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A and B enter into a contract where A would sell the rights to his hit song Pop Around the Clock for $100 million, payable
A and B enter into a contract where A would sell the rights to his hit song "Pop Around the Clock" for $100 million, payable in increments of $5 million a year over 20 years. Five years later, he wishes to have his daughter obtain the rest of the payments. What is the legal status of A's daughter? She is an intended third party beneficiary and entitled to the monies B She is an assignee and is entitled to the money even though she did not furnish any consideration She is an obligor because she is obligated to accept the money None of the above
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