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Third-Party Beneficiaries

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Multiple Choice

What is a third-party beneficiary in a contract?

  1. A person who is not a party to the contract but who receives a benefit from it.
  2. A person who is a party to the contract but who does not receive a benefit from it.
  3. A person who is not a party to the contract but who is harmed by it.
  4. A person who is a party to the contract and who is harmed by it.
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