Boyce contracts to build a house for anne

Reference no: EM13696681

Boyce contracts to build a house for Anne. Pursuant to the contract, Boyce and his surety, Travelers, execute a payment bond to Anne by which they promise Anne that all of Boyce’s debts for labor and materials on the house will be paid. Boyce later employs Sam as a carpenter and buys lumber from Larry’s Lumber Company. Are Sam and Larry’s Lumber Company intended beneficiaries of Traveler’s promise to Anne? Explain.

Reference no: EM13696681

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