Who is the party to a contract to whom a promise is made?

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Study for the Chartered Property Casualty Underwriter 530 Exam with flashcards and multiple choice questions. Each question has hints and explanations to enhance your understanding and prepare you thoroughly.

Multiple Choice

Who is the party to a contract to whom a promise is made?

Explanation:
In contract law, the party to whom a promise is made is the promisee. The promisee is the person who is entitled to receive the promised performance and can demand it from the promisor, who is the party that makes the promise. A third-party beneficiary is someone who may benefit from the contract but isn’t the one to whom the promise is initially made, and a final order isn’t a term describing a contract party.

In contract law, the party to whom a promise is made is the promisee. The promisee is the person who is entitled to receive the promised performance and can demand it from the promisor, who is the party that makes the promise. A third-party beneficiary is someone who may benefit from the contract but isn’t the one to whom the promise is initially made, and a final order isn’t a term describing a contract party.

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