Check My Work Simon has a $250,000 life insurance policy with City Life. He has had this policy for many years, and all of the premiums have been paid. He no longer needs to make any payments in order to keep the policy in effect. Simon named his brother, Leo, as the beneficiary of the policy. Leo needs $50,000. Leo knows about the insurance policy, and that it is fully paid. Rather than take out a loan, he contacts City Life and asks for $50,000 as an advance against the full amount of the policy that will be due to him. What is City Life likely to do? a. Not give Leo the money since he is a noncontracting party to the contract b. Not give Leo the money since Leo is not vested c. Give Leo the money since the premiums have been paid in full and the money will be due to him d. Give Leo the money since he is an intended beneficiary Hide Feedback Incorrect Pam is negotiating a business deal with NexCor. Several executives from NexCor are flying in to her city for a full day of meetings prior to finalizing the deal. Pam contracts with Joyce to pick up the executives at the airport and bring them to her office. Joyce asks Eric, who is in the business of providing this type of transportation service, to pick them up. Eric has a scheduling conflict and is not able to pick up the executives. As a result, they waste several hours in the airport and miss some of their meetings. This makes a bad impression on them, and they decide not to finalize the deal. Pam wants to hold someone responsible for this loss. a. If Pam were to sue Joyce for her loss she would likely not be successful, as Joyce is no longer responsible once she delegated to Eric. O b. If Pam were to sue Eric, she would likely not be successful as he did not sign a contract with Joyce so the delegation was not valid. c. If Pam were to sue Joyce for her loss she may be successful, as Eric did not sign a contract with Joyce so the delegation was not valid. d. If Pam were to sue Joyce for her loss she may be successful, as Joyce remains liable since her delegate did not perform the contractual duties