As a wedding anniversary present for himself and his wife,Louisa,Mario entered into an agreement with Stanislaus,a world famous pianist.Under the terms of that agreement,Mario promised to pay Stanislaus $52 000.Stanislaus promised that he would provide weekly lessons for one year for both Mario and Louisa.After two weeks of lessons,Mario completely lost interest,but Louisa is eager to continue.Stanislaus,however,refuses to go on.Louisa has the right to demand the remainder of the lessons from Stanislaus because the courts generally assume that if one party (such as Mario)enters into a contract for the benefit of another person (such as Louisa),the promise provided by the other contractual party (such as Stanislaus)is held on trust.

Question

Quizplus · Accepted Answer

The statement is false. While it is true that the courts generally assume that a promise made for the benefit of another person is held on trust, in this case, the agreement was made between Mario and Stanislaus, not between Stanislaus and Louisa. Therefore, Louisa does not have the right to demand the remainder of the lessons from Stanislaus.

As a Wedding Anniversary Present for Himself and His Wife,Louisa,Mario