Parties not in ________ usually do not have rights to a contract.

A) Acknowledged contract
B) Diverse contract
C) Privity of contract
D) Close contract
E) Privileged contract

Question

Parties not in ________ usually do not have rights to a contract.A)  Acknowledged contractB)  Diverse contractC)  Privity of contractD)  Close contractE)  Privileged contract

Ma’Kayla Reeves · Accepted Answer

Final Answer : C, Explanation :  Parties not in privity of contract usually do not have rights to a contract, as privity of contract is a doctrine which states that contracts are only binding on the parties signing the contract, and no third party can gain rights or is subject to the obligations of the contract unless they are lawfully transferred.

Parties not in ________ usually do not have rights to a contract.

A) Acknowledged contract
B) Diverse contract
C) Privity of contract
D) Close contract
E) Privileged contract

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Learning Objectives

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