Third parties do not have rights under contracts to which they are not parties.
Intended beneficiaries have legal rights in contracts under which they benefit. An intended beneficiary is a party whom the contractin
chapter 15 1. Adam pays Beta Corporation $1,500 for a notebook computer. Under the UCC, this is A) a bailment. B) a consignment. C) a lease. D) a sale. Feedback: Points Earned: 1.0/1.0 Correct Answer(s): D 2. Alpha Electronics, Inc., sells computers and c
chapter 9-11 chapter 9 1. An agreement is normally evidenced by an offer and an acceptance. A) True B) False Points Earned: 1.0/1.0 Correct Answer(s): True 2. A contract does not need to contain reasonably definite terms to be enforced. A) True B) False F