Capacity and Privity of Contract
- Author
- Dr Lola Akin Ojelabi
- Published
- Wed 03 Apr 2013
- Episode Link
- http://webstat.latrobe.edu.au/www/marketing/assets/podcasts/subjects/lst2bsl201316.mp3
This is about the legal status of persons. Who has the legal status which allows them to enter into agreements which become binding. It is about the capacity to consent to a legally binding agreement. Privity of contract is a rule to the effect that only parties to a contract may enforce obligations under the contract or derive a benefit from the contract.
Copyright 2013 Lola Akin Ojelabi / La Trobe University, all rights reserved. Contact for permissions.
