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Can an incidental beneficiary sue directly to enforce a promisor's promise?
Simply, No.Here is my reference.http://books.google.com/books?id=P0MWAAAAYAAJ&pg=PA193&lpg=PA193&dq=can+incidental+beneficiay+sue&source=bl&ots=rgGCZsfz3F&sig=JjMZtYRwVVc_vGP-tRKnmbFxmi0&hl=en&ei=siTASsb2N4PZ8AaeuoisAQ&sa=X&oi=book_result&ct=result&resnum=4#v=onepage&q=&f=false
What does third party beneficiary imply?
It's the party for whom the insurance was purchased to save his interest if the contracting party was proved to be liable against him
When was the third party beneficiary introduced in basic policy?
The third-party beneficiary doctrine was introduced in basic policy in the mid-1800s, as a way to protect the rights of individuals who were not direct parties to a contract but were intended to benefit from it. It allows such third parties to enforce the contract if the parties intended for them to benefit from it.
How is a land held on trust for someone who has equitable interest?
When land is held on trust for someone with an equitable interest, the legal title of the property is held by the trustee, while the beneficiary possesses the equitable interest. This means that the trustee has the responsibility to manage the property according to the terms of the trust and for the benefit of the beneficiary. The beneficiary can enforce their rights regarding the property, including receiving profits generated from it or forcing a sale if necessary. This arrangement ensures that the beneficiary's interests are protected, even though they do not hold the legal title.
When was third party beneficiary was introduced into the basic policy?
The concept of third-party beneficiaries has its roots in contract law, with significant development in the 19th century. It was more formally recognized in the United States with the Restatement (Second) of Contracts, published in 1981, which clarified the rights of third parties to enforce contracts made for their benefit. This framework allows a party who is not directly involved in a contract to claim benefits from it under certain conditions.
What are your legal rights when the condo board refuses to enforce the by-laws regarding noisy co-owners and their dog?
Answer this question...Many Governing Documents of common interest developments allow owners to enforce the documents directly if the board isn't doing their job.
What are three sentences for the word enforce?
Officers must enforce the law.Teachers enforce rules to teach discipline and order. I wanted to enforce my decision that no one can smoke in my house.
Why do people need courts?
To settle disputes and to enforce laws.To settle disputes and to enforce laws.To settle disputes and to enforce laws.To settle disputes and to enforce laws.
What you cannot enforce do not command?
"what you cannot enforce, do not command
Can minor be beneficiary of death insurance benefits if so is court approval required for distribution?
Ordinarily, if a minor were to be a beneficiary of a life insurance policy, the beneficiary designation would read something to the effect of: To (adult) in trust for (minor). Note further that ordinarily, life insurance proceeds pass to the beneficiary outside of the estate. Therefore, the probate court would not initially be involved. All of that said, if the proceeds are sizable, it may be a good idea to have an attorney prepare a trust agreement. This would designate the identity of the trustee and an alternate trustee and specify permitted and prohibited powers. Doing so protects the minor child as he/she can enforce the terms of the trust agreement if there is a deviation by the trustee. It also protects the trustee as it defines the precise scope of powers.
A sentence for the word enforce?
Police officers enforce the law.
What do army leaders enforce?
enforce safety and manage risks
