A contract exists when the purpose of the promisee in requiring a promisor's performance to be made to a third person is to fulfill a legal obligation of the promisee to the third person.

Question

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This scenario describes a creditor beneficiary, where the promisee (the creditor) requires the promisor to perform to a third person (the beneficiary) in order to fulfill a legal obligation owed by the promisee to the beneficiary. The other choices (void, quasi-, and donee beneficiary) do not accurately describe this situation.

A Contract Exists When the Purpose of the Promisee in Requiring