The term privity of contract refers to:

Question

Quizplus · Accepted Answer

Privity of contract refers to the relationship that exists between the parties to an agreement, indicating that contracts are private agreements among the parties who have entered into them. The concept is fundamental in determining who has the legal right to enforce the terms of a contract, typically limiting this right to the parties who are directly involved in the contract. The other options provided relate to different aspects of law and do not accurately describe privity of contract.

The Term Privity of Contract Refers To