> > A third-party beneficiary agreement is a
> > deal by which two parties agree to provide a benefit for someone
> > else. If either party reneges, the third party can sue even though
> > he didn't sign the contract or put up any money for the benefit.
>
> Would an honorary trust do as well? "...A trust for a noncharitable
> purpose which is valid despite the absence of an ascertainable
> (i.e., human) beneficiary. These include trusts for the care of an
> animal and trusts for other noncharitable purposes such as the
> maintenance of a cemetery lot" -- or a domain name.
Third party beneficiary theory of contract is not necessarily something
that is perfectly uniform even among the individual states of the United
States much less among different nations.
In general one has a much better chance of enforcing the terms of an
agreement if one is an actual party to the agreement rather than an
equitable or legal beneficiary.
--karl--
