 Agreements in which the original intent of one of the contracting parties, when entering into the contractual agreement, is to have the promised-for.

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 Agreements in which the original intent of one of the contracting parties, when entering into the contractual agreement, is to have the promised-for consideration pass not to her, but to some outside person

 Third party creditor beneficiary contract: the purpose is to extinguish a debt or obligation owed to some third party  Third party donee beneficiary contract: the purpose is to confer a gift on a third person

Creditor BeneficiaryDonee Beneficiary Created to extinguish debtCreated to confer gift Rights vest with detrimental reliance Rights vest on knowledge Can sue promisor or promiseeCan sue promisor only

 An assignment is the transfer of a promisee’s rights under an existing contract ◦ Assignments come into existence after the original contract is created ◦ A promisee may not assign his rights without the consent, express or implied, of the promisor

 Unlike third party beneficiary contracts and assignments, a delegation does not involve a transfer of rights.  Instead, the focus is on the obligations. The promisor delegates her obligations to someone else, fulfilling her contractual obligations.  The delegatee has absolutely no rights under the original contract, unlike third party beneficiaries or assignees, nor does she have any obligations under the contract.  The delegatee’s only obligation is to the promisor under their separate contract.