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Exam (elaborations)

CYU QUIZZES - EXAM 2 QUESTIONS AND ANSWERS GRADED A+ 2025/2026

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CYU QUIZZES - EXAM 2 QUESTIONS AND ANSWERS GRADED A+ 2025/2026

Institution
CYU
Course
CYU

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CYU QUIZZES - EXAM 2 QUESTIONS
AND ANSWERS GRADED A+ 2025/2026




True or false: In order for an assignment to be valid, you must use an assignment form. -
ANS False



True or false: A third party who is intended to directly benefit from a contract made by two
contracting parties is called an incidental beneficiary. - ANS False



True or false: A donee beneficiary is a third party that benefits from a contract in which the
promisor agrees to pay the promisee's debt in return for compensation plus interest. -
ANS False



True or false: In determining whether a party is an incidental or intended beneficiary, one factor
courts consider is whether the contract directly states that the third party is the benefitting
party. - ANS True



Parties not in _________________ usually do not have rights to a contract. - ANS Privity of
contract



Delvin agrees in a contract to paint a picture for Melanie. Delvin is a(n) __________________. -
ANS Obligor



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Written in
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  • cyu quizzes exam 2 questions and answers graded
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