a person who is not a party to a contract but has legal rights to enforce the contract
or share in proceeds because the contract was made for the third party's benefit.
Example Grandma enters into a contract with Oldfield to purchase a Jaguar automobile
to be given to grandchild as a graduation present. If Oldfield takes a down payment
and then refuses to go through with the sale, grandchild may sue Oldfield for specific
performance of the contract as a third-party beneficiary.
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