Asked by

Demoines Whitney
on Nov 21, 2024

verifed

Verified

Creditor beneficiaries can enforce their rights under a contract whenever the contract is valid.

Creditor Beneficiaries

A creditor beneficiary is a third party that benefits from a contract wherein the promisor agrees to pay the promisee's debt to the third party.

  • Recognize the rights and enforceability of third-party beneficiaries in a contract.
verifed

Verified Answer

IS
Ismael SultanNov 26, 2024
Final Answer:
Get Full Answer