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Which of the following statements accurately states the difference between creditor and donee beneficiaries? Multiple Choice A creditor beneficiary can enforce rights against the promisor

image text in transcribed Which of the following statements accurately states the difference between creditor and donee beneficiaries? Multiple Choice A creditor beneficiary can enforce rights against the promisor or the promisee, whereas a donee beneficiary can enforce rights only against the promisor. A donee beneficiary is created when the contract is intended to release a party from an obligation to a third party, whereas a creditor beneficiary is created if the contract intends to grant a gift. A creditor beneficiary who wins a judgment against one party to a contract may not seek judgment against the other party, whereas a donee beneficiary can seek judgment against both the parties. A creditor beneficiary has limited ability to enforce a contract when compared to a donee beneficiary's ability to enforce rights to a contract

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