Xtra Finance Company is a creditor beneficiary in a deal that involves Yvon and Zack. Xtra, like most creditor beneficiaries, is

Question

Quizplus · Accepted Answer

Xtra Finance Company is an intended beneficiary because the deal between Yvon and Zack was intended to benefit Xtra as a creditor. Incidental beneficiaries are not intended to benefit from the contract, while donee beneficiaries receive a gift or benefit from the contract. None of these apply to Xtra's situation.

Xtra Finance Company Is a Creditor Beneficiary in a Deal