Third Party Rights

Question 1

Third Party Beneficiary

Answer 1

if the promisee of a contractual promise intends that her performance should benefit someone outside the contract, that other person is called the intended third party beneficiary.

Question 2

When do third party beneficiary rights vest?

Answer 2

1) the beneficiary manifests assent to the promise
2) the beneficiary sues to enforce the promise or
3) the beneficiary justifiably relies on the promise to his detriment