The term privity of contract refers to the contractual relationship that exists between two or more contracting parties.

Name: The term privity of contract refers to the contractual relationship that exists between two or more contracting parties.
Brand: Quizplus
Rating: 4.7 (49 reviews)

Question

Quizplus · Accepted Answer

Privity of contract is a legal principle that means only the parties involved in the contract have the rights and obligations under that contract, highlighting the relationship between those parties.

The Term Privity of Contract refers to the Contractual Relationship