New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    Privity of Contract means :

    A Only parties to the contract can sue on it Correct Answer Incorrect Answer
    B Main object of the contract must be maintained Correct Answer Incorrect Answer
    C Parties must maintain the privacy of contract Correct Answer Incorrect Answer
    D None of these Correct Answer Incorrect Answer

    Solution

    Privity of contract is the rule that specifies only the parties directly involved in a contract can enforce the terms of the contract. It protects the parties from third-party interference

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