Question 21 3 pts Anticipatory repudiation is a kind of stomach virus which is c

Question

Question 21 3 pts Anticipatory repudiation is a kind of stomach virus which is caused by stress from entering into too many contracts. O True False Question 22 4 pts Which of the following is most likely an "intended" Third Party Beneficiary situation? Bill, Jim's landlord, hires Bob to mow the lawn where Jim lives. Bill, Jim's landlord, hires Jim to mow the law where Bill lives Bill, who employs Jim, and pays Jim to mow Bill's lawn. O All of the above are Intended Third Party beneficiary situations

Explanation / Answer

21. Anticipatory repudiation shows declaration by the promising party to a contract that he or she does not want to follow the obligations written in the contract. Hence the given statement is FALSE.

22. In an intended third party beneficiary, a third party has rights over the contract but is not present at the time of the contract. Here Jim is not present at the time of the contract but has rights as he lives there. Hence the correct option is Bill, Jim's landlord, hires Jim to mow the law firm where Jim lives.

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