In most contracts, there are only two parties involved in the agreement. However, some contracts may involve a third party’s performance. Today, you’ll be learning about the rights and duties of third parties to contracts.

In our discussion today, we’ll cover several situations in which third parties may become involved in the performance of a contract. We’ll talk about third party beneficiaries, as well as assignment and delegation to third parties. By the end, you’ll have learned when third...