Insurance contract in Privity

Insurance contract in Privity. The law if insurance provides a good example of a statutory exceptions to the doctrine of privity. Section 11 of the Married Women’s Property Act 1882, provides that where a man insures his life for the benefit of his wife or children or where a woman insures her life for the… Continue reading Insurance contract in Privity

Exceptions to Privity of Contract

Covenants running with the land Contracts for the hire of a chattel Interference with contractual rights Restrictions upon price Insurance contracts Privity and trust concept Banker’s commercial credits. Covenants running with the land The doctrine of privity of contract was so inconvenient in the case of contracts affecting land that special exceptions were created by… Continue reading Exceptions to Privity of Contract

Privity of Contract

The doctrine of privity of contract is a common law principle which provides that a contract cannot confer rights or impose obligations upon any person who is not a party to the contract. The premise is that only parties to contracts should be able to sue to enforce their rights or claim damages as such.… Continue reading Privity of Contract