Question 23 of 100
AIBE III 2012
Set Common
Which of the following Statements best describes the doctrine of privity as it is applicable to contract law?
- A A contract cannot usually confer rights or impose obligations under it to any person except the parties to such contract. Official answer
- B Terms of a contract cannot be revealed to any third party unless expressly provided for in the contract.
- C Terms of a contract cannot be revealed to a third party, unless both parties agree to do so.
- D As long as there is consideration for a promise, it is immaterial if a third party has provided it.
- E A third party is entitled to demand performance of the contract, if the contract results in a benefit to such third party.