Can williams successfully enforce the contract

Assignment Help Project Management

Reference no: EM131386381

Brown enters into a written contract with Ideal Insurance Company under which, in consideration of Brown's payment of her premiums, the insurance company promises to pay Williams College the face amount of the policy, $100,000, on Brown's death. Brown pays the premiums until her death.

Thereafter, Williams College makes demand for the $100,000, which the insurance company refuses to pay on the ground that Williams College was not a party to the contract. Can Williams successfully enforce the contract?

Reference no: EM131386381

Questions Cloud

What is the real rate of return for a us long-term bond : Assume that the inflation rate during the last year was 1.67 percent. US long-term bonds had the nominal rates of return of 3.95 percent. What is the real rate of return for a US long-term bond?

Create an informative and interesting tri-fold brochure : 1. Conduct Research on Folic Acid 2. Use reliable online sources (textbook, .gov, .edu, .org) to get information about your micronutrient. 3. Create an informative and interesting Tri-Fold brochure using Word.

Can reed successfully collect damages from julia : Hayden sells his ice cream plant to Reed and assigns to Reed all Hayden's rights under the contract with Julia. On learning of the sale, Julia refuses to furnish ice to Reed. Can Reed successfully collect damages from Julia? Explain.

Evaluate how much money will be in the account : You are going to save money for your son's education. How much money will be in the account at the end of that time period?

Can williams successfully enforce the contract : Thereafter, Williams College makes demand for the $100,000, which the insurance company refuses to pay on the ground that Williams College was not a party to the contract. Can Williams successfully enforce the contract?

How often should the product be ordered : The wall drug store stocks a popular brand of sunscreen. The average demand for the sunscreen is 2100 bottles per year. The cost of each bottle is $2.50. The ordering cost is $10 per order, and the annual carrying cost is 20% of the unit cost. How of..

Determining the common explanation : Answer the following question; A common explanation for the 2007-08 financial crises is that greedy bankers took advantage of naïve borrowers and engaged in irresponsible business practices. Your text (pages 62-6) presents a different story.

Can debbie recover from grant : Later, without cause, Debbie refuses to allow Clarence to proceed with the work, though Clarence is ready to do so, and makes demand on Grant that Grant perform. Grant refuses. Can Clarence recover damages from Debbie? Can Debbie recover from Gran..

Aggregate supply and aggregate demand curves : Illustrate each of the following situations with a graph showing aggregate supply and aggregate demand curves, and explain what happens to the equilibrium values of the price level and aggregate output; An Increase In G with the money supply held con..

User Account

All Pages