Final answer:
A third-party beneficiary in contract law is referred to as a beneficiary, not a delegator.
Step-by-step explanation:
In contract law, a third party who benefits from a contract is referred to as a beneficiary or a third-party beneficiary, not a delegator. So, the statement in the question is false.
For example, if A and B enter into a contract to build a house, and C will be the one who ultimately benefits from the construction of the house, C is considered the third-party beneficiary.
Therefore, the correct answer is B. False.