In: Operations Management
Hilda signs a contract with Indemnity Insurance Company that intentionally confers a benefit on Hilda’s daughter Jackie as the designated beneficiary. Jackie’s rights under the contract will vest
A. automatically.
B. if she demonstrates her consent to the promise at Hilda’s request.
C. if Indemnity attempts to modify the terms of the contract.
D. on the occurrence of the event for which the insurance was procured.
B. if she demonstrates her consent to the promise at Hilda’s request..
Hilda signs a contract with Indemnity Insurance Company that intentionally confers a benefit on Hilda’s daughter Jackie as the designated beneficiary. Jackie’s rights under the contract will vest if she demonstrates her consent to the promise at Hilda’s request.