Final answer:
Moe may benefit from a contract involving Larry and Curly by receiving a third-party beneficiary rights option(2). Contractual rights ensure that parties can legally enforce agreements, which is crucial for economic growth and business transactions.
Step-by-step explanation:
In the context of Larry and Curly entering into a contract, the question pertains to how Moe, an external party, may benefit from such a contract. The most correct option for Moe to benefit from the contract is by Receiving third-party beneficiary rights.
These rights occur when a contract specifically designates a third party to receive some benefit from the contract's performance. In contrast, acquiring contractual obligations would typically not be beneficial as it implies taking on duties.
Contractual rights, which are based on property rights, allow individuals to enter into agreements with others about the use of their property and offer legal system recourse in the event of non-compliance. This ensures that the terms stipulated in agreements, such as an employment contract between a surgeon and a patient, are fulfillable with the backing of legal enforcement.
Economic growth depends on a robust legal system that enforces contracts, which in turn underpins the willingness of parties to engage in business transactions because it mitigates the risk of non-payment, thereby facilitating the smooth conduct of business.