Example of contract whereby a third party would benefit

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Reference no: EM132439723

Question #1 When do third parties have rights in and to an underlying contract? Provide an example of a contract whereby a third party would benefit from the underlying contract.

Question #2 Are delegations or assignments more common in the business world? Provide an example of an assignment and of a delegation whereby the assignment and the delegation would be deemed to be acceptable under the law.

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The report is about delegations and the assignments. What makes the difference between the two? Examples of each discussed.Second aspect of the report is the third party benefits from the contracts.Examples and illustrations presented in the report.References are given as well.

Reference no: EM132439723

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