On the Exception of the Contract Privity Principle:the Third Party of Contract
Hongyan Wang
Abstract
Hongyan Wang
Abstract
The third party of the contract and the exception of the contract privity principle are two aspects for one question.That is the result of the expansion of the contract effect.This article discusses the motive of the expansion of the contract effect,defines the conception and makes classification for the third party of contract.
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The third party of the contract and the exception of the contract privity principle are two aspects for one question.That is the result of the expansion of the contract effect.This article discusses the motive of the expansion of the contract effect,defines the conception and makes classification for the third party of contract.
Key concepts: Privity of contract, Frustration of purpose, Exclusion clause, Severability, Third party, Contract management, Law and economics, Unconscionability