The vesting of contractual rights in a third party will always prevent the origi?nal parties to a contract from modifying it.

Question

Quizplus · Accepted Answer

While vesting a contractual right in a third party may limit the ability of the original parties to modify or terminate the contract without the third party's consent, it does not necessarily prevent them from doing so. The original parties may agree to a modification that does not conflict with the rights of the third party, or they may seek the third party's consent to the modification. However, such modifications must be made cautiously to avoid any breach of contract or legal disputes.

The Vesting of Contractual Rights in a Third Party Will