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CHAPTER 20: CONTRACT RIGHTS OF THIRD PARTIES

CHAPTER 20: CONTRACT RIGHTS OF THIRD PARTIES. CHAPTER 20: CONTRACT RIGHTS OF THIRD PARTIES. Learning Objectives: Contracts for Benefit of Third Parties Assignments: Rights Duties Novation. CONTRACTS FOR BENEFIT OF THIRD PARTIES. Nature of Third-Party Beneficiary Contracts

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CHAPTER 20: CONTRACT RIGHTS OF THIRD PARTIES

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Third Party Beneficiary Contracts

Third Party Beneficiary Contracts. Agreements in which the original intent of one of the contracting parties, when entering into the contractual agreement, is to have the promised-for consideration pass not to her, but to some outside person. Two Types of Third Party Beneficiary Contracts.

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Creditor beneficiary - PowerPoint PPT Presentation

CHAPTER 20: CONTRACT RIGHTS OF THIRD PARTIES

CHAPTER 20: CONTRACT RIGHTS OF THIRD PARTIES

Third Party Beneficiary Contracts