Question

In: Operations Management

Hilda signs a contract with Indemnity Insurance Company that intentionally confers a benefit on Hilda’s daughter...

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.

A and B are the wrong answer please help me with a specific reason

Solutions

Expert Solution

Answer: If she demonstrates her consent to the promise at Hilda's request.

Explanation: Jackie will get the rights under the contract only if she agrees to the Hilda's request. So, Jackie will become the beneficiary only on the acceptance of Jackie.


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