Privity of contract refers to the relationship that exists between the parties to a contract. True or False

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Business

Reggie

23 May, 04:04

Privity of contract refers to the relationship that exists between the parties to a contract. True or False

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Lewis Bailey · Answer 1

Answer: True

Explanation: Under the doctrine of "Privity of contract" it is a common law which state that a contract can not confer any right to a person or imposed any obligation upon anyone who is not a party to the contract. only parties involved in the contract are allowed to sue to enforce rights or claims on damages.

It is "true" that Privity of contract refers to the relationship that exists between parties to a contract.