Capacity and Privity of Contract
Introduction to Business Law
English - April 03, 2013 01:17 - 19 minutes - 11.8 MBCourses Education News la trobe university business law lola akin ojelabi contracts business law industry legal studies Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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This is about the legal status of persons. Who has the legal status which allows them to enter into agreements which become binding. It is about the capacity to consent to a legally binding agreement. Privity of contract is a rule to the effect that only parties to a contract may enforce obligations under the contract or derive a benefit from the contract.
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