Fact Pattern 16-1BBayside Construction Company enters into a contract with Clio to remodel Dewey's Home Store, using products from Eagle Building Supplies. Fresh Food Café is next to Dewey's Home Store.Refer to Fact Pattern 16-1B. Eagle will realize a profit from the sale of products to Bayside to remodel Dewey's store. Eagle is

A. a delegatee.
B. an assignee.
C. an incidental beneficiary.
D. an intended beneficiary.


Answer: C

Business

You might also like to view...

Which of the following is NOT a way to ensure you neither give the audience too little nor too much information?

a. Pace, don’t race. b. Don’t take knowledge for granted. c. Repeat, but don’t retreat. d. Assume knowledge.

Business

____ memory is a type of high-speed memory that a processor can access more rapidly than RAM.

A. Clipboard B. Banked C. Library D. Cache

Business

List the steps that must be followed for each user view, as suggested by the information-level design methodology.

What will be an ideal response?

Business

Secondary buyouts occur when what? happens?

A. A private equity firm buys a privately held firm B. A private equity firm buys a publically held firm C. A company buys a firm and then sells the firm within a year D. A company buys a firm and then itself is purchased by another company E. A private equity firm buys a firm from another private equity firm

Business