Tag: Privity

Tag: Privity

ASSIGNMENTS: Assigning your Contract to someone else!

Under a contract, the assignment of rights is the complete transfer of the rights to receive the benefits available to one of the parties to that...

WHAT IS CONSIDERED A CONTRACT: Consideration

Known as "the price of a promise" and a controversial requirement for contracts under common law, consideration  is required under most common-law and civil law systems, while some commentators...