Privity of contract is a direct contractual relationship between the parties.

Question

Quizplus · Accepted Answer

Privity of contract refers to the direct relationship between parties who have entered into a contract with each other. This means that they have a legal obligation to fulfill the terms of the contract with each other. Parties who are not directly involved in the contract, such as third-party beneficiaries, do not have privity of contract with the original parties.

Privity of Contract Is a Direct Contractual Relationship Between the Parties