Which statement most accurately describes third party beneficiary rights?
a. A beneficiary may enforce a contract if the parties intended to benefit him and if enforcing the promise will satisfy a duty of the promisee to the beneficiary.
b. If a promisee intended to make a gift to the beneficiary, the beneficiary may not enforce the contract.
c. An intended third party beneficiary has no enforceable rights in a contract.
d. Incidental beneficiaries have enforceable rights against both contracting parties.
a
You might also like to view...
Scenario D: A global cosmetics company called Nature's Beauty is considering its corporate strategy. Several members of its board of directors believe they have the "perfect" strategy for the company. Bill believes that the best option is for Nature's Beauty to stay on its current track of offering only organic cosmetics to customers who like organic products. Chita wants the company to expand by purchasing the manufacturing plants that produce the Nature's Beauty products. Another director, Manuel, wants to build the company by adding related products, such as skin care and perfume, to be sold alongside its current products. Finally, the original owner of the company, Nuri, wants to expand the company by doing something completely new, such as building restaurants or perhaps starting an
entertainment park.Which of the following corporate strategies does Chita favor? A. concentration B. conglomerate diversification C. vertical integration D. differentiation E. lateral diversification
To aid the understanding on the part of the audience, what types of words should be used?
A) Clichés B) Strong, precise words C) Familiar words D) Jargon E) Buzzwords
______ exists when a particular practice is necessary for the safe and efficient operation of the business and when there is a specific business purpose for applying a particular standard that may, in fact, be discriminatory.
A. Job relatedness B. Disability C. Business necessity D. Disparate impact
The objective of the _______ process is to restore service as quickly as possible in an effort to minimize the impact of events that affect a company's business activities.
Fill in the blank(s) with the appropriate word(s).