Which of the following is true of third-party beneficiaries?
A) A creditor beneficiary is an unintended beneficiary.
B) An intended third-party beneficiary cannot enforce the contract against the promisor.
C) An incidental beneficiary cannot sue under other people's contracts.
D) Incidental beneficiary is a third party who is benefitted intentionally.
C
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Treasury stock that was purchased for $3,000 is sold for $3,500 . As a result of these two transactions combined
a. income will be increased by $500 b. stockholders' equity will be increased by $3,500 c. stockholders' equity will be increased by $500 d. stockholders' equity will not change
Identify all the verbs in the following sentence: The elderly patient has been sleeping all afternoon
What will be an ideal response?
Historical credit problems remain on a credit bureau's report for ________ years while a bankruptcy remains for ________ years
A) ten; twenty B) seven; ten C) eight; fifteen D) five; ten
Under the Secured Transactions Article of the UCC, which of the following items can usually be excluded from a filed original financing statement?
a. The name of the debtor. b. The address of the debtor. c. A description of the collateral. d. The amount of the obligation secured.