The promisee in a third-party beneficiary contract is the party to the contract who ________ in exchange for the promise made to the third-party beneficiary.
A) receives a gift
B) obligates another party under the contract
C) owes something to the promisor
D) owes something to the third-party beneficiary
E) becomes a new assignor

Question

Quizplus · Accepted Answer

The promisee in a third-party beneficiary contract is the party who owes something to the promisor in exchange for the promise made to the third-party beneficiary. This is because the promisee is the one who has made an agreement with the promisor that benefits a third party.

The Promisee in a Third-Party Beneficiary Contract Is the Party