Asked by
Connie Woodall
on Nov 27, 2024
Verified
Expressly designating a third party as a beneficiary in a contract indicates that the beneficiary is intended.
Intended Beneficiary
A person or entity that is not a direct party to a contract but is meant to benefit from the contract’s performance.
Expressly Designating
Clearly specifying or identifying something or someone for a particular purpose.
- Understand the distinction between intended and incidental third-party beneficiaries in a contract.
Verified Answer
TW
Learning Objectives
- Understand the distinction between intended and incidental third-party beneficiaries in a contract.
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