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Becker, a college student, recognized that she was financially very dependent upon her widowed mother’s financial support while she was in college. To protect against the risk of financial loss in the event of her mother’s death, Becker persuaded her mother to take out an insurance policy naming her as the beneficiary.
a. Is Becker an incidental beneficiary?
b. Is Becker a third-party beneficiary?
c. In the event of the mother’s death, would Becker’s college be deemed to be a third-party beneficiary?
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