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This document discusses the concept of contracts, particularly focusing on the doctrine of privity, which states that only parties to a contract can enforce its terms. It outlines key elements of a contract, the importance of consideration, and various exceptions to the privity rule, including agency, assignment, collateral contracts, trusts, and judicial intervention. The paper concludes that while the doctrine serves to protect parties, it may also impose unfair penalties on third parties who are intended

Author

mutandemondo

Language

EN