Third Paty Beneficiary Flashcards
(5 cards)
1
Q
Third Party Beneficiary
A
Two people have a valid K and a third person is benefiting from the K
2
Q
Incidental Beneficiary
A
A and B have an agreement and somehow C is benefiting from it
NEVER HAS RIGHTS UNDER THE K
3
Q
Intended 3rd Party Beneficiaru
A
Wanted to help a 3rd party = for their benefits
MAY have rights under the K
4
Q
Assignment & Delegation
A
2 people have an agreement and one of us want to give our obligation to someone else
They are valid
No notice is required
Present Intent
5
Q
Non-Delegation Duty
A
ENFORCEABLE
“IF I AM HIRING SOMEONE BECAUSE OF THEIR EXPERTISE YOU ARE NOT ALLOWED TO GIVE IT TO SOMEONE ELSE
TERMS CANNOT BE CHANGED”