Intended beneficiaries and creditor beneficiaries can be the same person.

Question

Quizplus · Accepted Answer

An intended beneficiary is someone who was intended by the promisor and promisee to benefit from the contract, while a creditor beneficiary is someone who is owed a debt by the promisee and is entitled to receive payment from the promisor as part of their agreement. It is possible for someone to be both an intended beneficiary and a creditor beneficiary if the contract is structured that way.

Intended Beneficiaries and Creditor Beneficiaries Can Be the Same Person