A person who acquires the right to possession and use of goods under a lease is known as a(n): Blank______.Multiple choice question.third-party beneficiarylessorincidental beneficiarylessee
Question
A person who acquires the right to possession and use of goods under a lease is known as a(n): Blank______.Multiple choice question.third-party beneficiarylessorincidental beneficiarylessee
Solution
The person who acquires the right to possession and use of goods under a lease is known as a(n): lessee.
Similar Questions
A person who transfers the right to possession and use of goods under a lease is known as a: Blank______.Multiple choice question.customerthird partylesseelessor
A third party who has rights against both the promisee and the promisor is called a(n) Blank______ beneficiary.Multiple choice question.creditorincidentaldoneeinternal
A third party who is benefited by a contract and the performance was intended to be a gift is called a(n) ________.Multiple choice question.donee beneficiarycreditor beneficiarydebtor beneficiaryincidental beneficiary
Multiple Choice QuestionA legal form of business with two or more owners is a(n) ______.Multiple choice question.estatesole proprietorshippartnershipmultiple proprietorship
A third party who could not establish that the contract was made with an intent to benefit her is considered to be a(n) _____ beneficiary.Multiple choice question.creditordoneeincidentalintended
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.