Which of the following is a correct statement regarding the rights of an intended beneficiary? Group of answer choices Intended beneficiaries may enforce their rights to a contract, even if the parties to the contract did not specifically (in other words, purposefully) intend for the third party to benefit. Intended beneficiaries may enforce their rights to a contract when both parties to the contract intended for the third party to benefit. Intended beneficiaries have no rights under a contract. Intended beneficiaries have the same rights under a contract as incidental beneficiaries. Intended beneficiaries may enforce their rights to a contract if only one of the parties to the contract intended for the third party to benefit.

Question

Business

Denise Johnson

21 November, 22:38

Which of the following is a correct statement regarding the rights of an intended beneficiary? Group of answer choices Intended beneficiaries may enforce their rights to a contract, even if the parties to the contract did not specifically (in other words, purposefully) intend for the third party to benefit. Intended beneficiaries may enforce their rights to a contract when both parties to the contract intended for the third party to benefit. Intended beneficiaries have no rights under a contract. Intended beneficiaries have the same rights under a contract as incidental beneficiaries. Intended beneficiaries may enforce their rights to a contract if only one of the parties to the contract intended for the third party to benefit.

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Answers (2)

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Lilianna Zuniga · Answer 1

Intended beneficiaries may enforce their rights to a contract when both parties to the contract intended for the third party to benefit.

Explanation:

Base on the scenario being explained in the question, the correct statement regarding the right of an intended beneficiaries is that Intended beneficiaries may enforce their rights to a contract when both parties to the contract intended for the third party to benefit.

Intended Beneficiary which refers to a third-party beneficiary. Intended beneficiary acquires right under the contract and benefits from it. Once those right has been vested, the intended beneficiary also has the ability to enforce the contract.

Brisa Stokes · Answer 2

The correct statement is A.

Intended beneficiaries may enforce their rights to a contract when both parties to the contract intended for the third party to benefit.

Explanation:

All the other statements are not correct.

Intended beneficiaries are also called as direct beneficiaries.