Hilda signs a contract with Indemnity Insurance Company that intentionally confers a benefit on Hilda's daughter Jackie as the designated beneficiary. Jackie's rights under the contract will vest
A) automatically

B) if she demonstrates her consent to the promise at Hilda's request.
C) if Indemnity attempts to modify the terms of the contract.
D) on the occurrence of the event for which the insurance was procured.


B

Business

You might also like to view...

Answer the following statements true (T) or false (F)

ARS 1 and ARS 4 represent a milestone in the attempt to provide a unified theoretical underpinning for financial accounting rules by the APB.

Business

Illustrate and explain four ethical dimensions of business behavior; give two examples of behaviors that fit each dimension

Business

The early finish for an activity on the critical path is equal to the latest finish of the preceding activity

Indicate whether this statement is true or false.

Business

Achieving greater penetration of the market is typically a business goal during the ____ stage of the product life cycle.

A. maturity B. growth C. introduction D. market testing E. decline

Business