Asked by
Makaryous Kelini
on Nov 23, 2024Verified
If Alan is a beneficiary of his father's life insurance with Avuncular Life, he has the statutory right to enforce payment if his father dies and Avuncular refuses to pay on the grounds that Alan lacks privity of contract with it.
Privity of Contract
A doctrine in contract law stipulating that only parties to a contract can sue or be sued on it.
- Recognize the concept of the privity of contract and comprehend its exceptions, particularly the rights of third-party beneficiaries.
Verified Answer
GL
Learning Objectives
- Recognize the concept of the privity of contract and comprehend its exceptions, particularly the rights of third-party beneficiaries.
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