Ask Question
Social StudiesSocial Studies
31 March, 08:25

Kathy and Tom have entered into a contract in which Mike has been named and included as an intended beneficiary by Kathy. Should Tom or Kathy breach the contract, Mike may sue both Tom and Kathy for breach of contract. True/False

+4
Answers (2)
  1. 31 March, 09:57
    0
    Answer: This is "TRUE"

    Explanation: Mike may sue both Tom and Kathy if their breach the contract, because he has the legal right to do so. Mike is a beneficiary to their contract agreement, this means that Mike is part of the contract agreement.

    Mike can only sue Tom for equity damage if Tom breach the contract, because Mike being the named beneficiary, is just a third party agreement with Tom. Mike can also sue Kathy because Kathy has entered an agreement with him, when he made him his Beneficiary, so he can also sue Kathy for equity damage.
  2. 31 March, 11:35
    0
    Answer: TRUE.

    Explanation: A contract can be defined as an agreement which the law will enforce in some way. A legally binding contract must contain at least a commitment or offer, by an offeror to and accepted by an offeree to do something in the future.

    A breach of contract in legal terms can be said to be an unjustifiable failure to perform under the terms of a contract when performance is due. This can be said to be a civil wrong which in any case can be sued for.

    In the question, Kathy and Tom (the offeror) have entered into a contract with Mike (the offeree), assuming there's a breach of contract, which is a civil wrong, then Mike has every right to sue. Correct answer is TRUE.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Kathy and Tom have entered into a contract in which Mike has been named and included as an intended beneficiary by Kathy. Should Tom or ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Hailey is a one-year-old baby who is hungry. she begins crying and does not stop until she is fed, regardless of what her parents do to soothe her. which part of freud's theory is at work with hailey?
Answers (1)
How much did thomas jefferson pay france for the territory?
Answers (1)
Mendoza et al. (2009) introduced a coin rotation task as a convenient test of motor dexterity. It involves timed completion of twenty 180° rotations of a nickel using the thumb, index, and middle fingers.
Answers (1)
What was one of the reasons that Anti-Federalists were opposed to the Constitution? A) They felt the Constitution gave too much power to the individual states. B) They worried that the new government would be too much like England's government.
Answers (1)
What was heroic about the way Perseus responds to the request polydectes makes
Answers (1)
New Questions in Social Studies
Achieving true cultural competence involves a practitioner's ability to grasp the "broad worldviews of the cultural group" while examining the "individual expression of these views."
Answers (1)
In The Federalist Papers, James Madison argued that Select one:A. the large size of the United States was a source of political stability B. to be a republic, a country must be geographically smallC.
Answers (1)
What is a "subject"?
Answers (2)
Which of the following responses identifies a common type of logical dependency used to sequence project activities? a. last-in; last-out b. finish-to-start c. first-in; first-out d. last-in; first-out
Answers (1)
Influenced by the production demands of World War I, what was formed to make sure the United States would always be prepared militarily in the future?
Answers (1)
Home » Social Studies » Kathy and Tom have entered into a contract in which Mike has been named and included as an intended beneficiary by Kathy. Should Tom or Kathy breach the contract, Mike may sue both Tom and Kathy for breach of contract. True/False
Sign Up Forgot Password?