Consideration of her payment of premiums

Reference no: EM133635556

Question

What are the pertinent facts here Brown enters into a written contract with Ideal Insurance Company under which, in consideration of her payment of the premiums, the insurance company promises to pay XYZ College the face amount of the policy, $100,000, on Brown's death. Brown pays the premiums until her death. Thereafter, XYZ College makes demand for the $100,000, which the insurance company refuses to pay upon the ground that XYZ College was not a party to the contract. Can XYZ successfully enforce the contract?

Reference no: EM133635556

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