Privity of contract Privity of contract 2.0 / 5 based on 1 rating ? LawOtherAll boards Created by: sophie hopwoodCreated on: 16-04-11 14:12 In law, what is an agent? A person who acts on behalf of another person, known as a principal. 1 of 4 What does an assignment of a contract involve? It is where one party to a contract transfers the benefit of the contract (i.e the right to be paid) to a 3rd party. 2 of 4 Why do we need to learn aout the common law exceptions to the privity rule now that the Contracts (Rights of Third Parties) Act 1999 exists? Because the 1999 Act does not automatically apply to all siutations in which the privity rule can cause problems. 3 of 4 If A agrees with B that she will pay £50 a month to C in return for the use of B's car, can C enforce that contract? No, because C has provided no consideration 4 of 4
Contract Law - The Discharge of Contracts - Discharging a contract by agreement 3.0 / 5 based on 1 rating
Contract Law - The Discharge of Contracts - Discharging a contract by performance and breach 3.0 / 5 based on 1 rating
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