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(p. 645) Part 6 Limits of the Contractual Obligation 

(p. 645) Part 6 Limits of the Contractual Obligation
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date: 19 April 2021

This Chapter deals with the scope of a valid contract when formed, and the question: to whom does the obligation extend? This question is considered under two separate headings: (1) the acquisition of rights by a third party, and (2) the imposition of liabilities upon a third party. At common law the general rule is that no one but the parties to a contract can be entitled under it, or bound by it. This principle is known as that of privity of contract.

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