What does privity of contract mean?

Definitions for privity of contract
priv·ity of con·tract

This dictionary definitions page includes all the possible meanings, example usage and translations of the word privity of contract.

Wikipedia

  1. Privity of contract

    The doctrine of privity of contract is a common law principle which provides that a contract cannot confer rights or impose obligations upon any person who is not a party to the contract. The premise is that only parties to contracts should be able to sue to enforce their rights or claim damages as such. However, the doctrine has proven problematic because of its implications for contracts made for the benefit of third parties who are unable to enforce the obligations of the contracting parties. In England and Wales, the doctrine has been substantially weakened by the Contracts (Rights of Third Parties) Act 1999, which created a statutory exception to privity (enforceable third party rights).

Wikidata

  1. Privity of contract

    The doctrine of privity in the common law of contract provides that a contract cannot confer rights or impose obligations arising under it on any person or agent except the parties to it. The premise is that only parties to contracts should be able to sue to enforce their rights or claim damages as such. However, the doctrine has proven problematic due to its implications upon contracts made for the benefit of third parties who are unable to enforce the obligations of the contracting parties.

Dictionary of Military and Associated Terms

  1. privity of contract

    The legal relationship that exists between two contracting parties, for example, between the government and the prime contractor

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Numerology

  1. Chaldean Numerology

    The numerical value of privity of contract in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of privity of contract in Pythagorean Numerology is: 9


Translations for privity of contract

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"privity of contract." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/privity+of+contract>.

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