privity of contract

What is privity of contract?

privity of contract is one of legal terms that means A principle that restricts contractual rights and obligations to the immediate parties to a contract. The effect of this is that, usually, a contract that purports to impose an obligation or a benefit on a person who is not a party to that contract, is not enforceable by or against that party.

 

source: australiandesignunit.com

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