- 20 Marks
BCL – L1 – Q21 – Privity of Contract
Explain the term 'Privity of Contract' in the context of contractual rights and obligations.
Question
(a). Explain the term ‘Privity of Contract’
(b). Femi, aged fifteen (15), completed Secondary School and has approached you with a request to supply your company with building materials including cement and iron rods. The request was from a business enterprise known to your company, PrimeBuild Ltd., which was owned by Femi’s mother, and the request was signed by his mother. A line in the said letter read as follows: ‘You can negotiate the terms of the supply with bearer’.
Required:
Whether or not your company, represented by you, can negotiate with the bearer.
(c). Femi, aged fifteen (15), completed Secondary School and has approached you with a request to supply your company with building materials including cement and iron rods. The request was from a business enterprise known to your company, PrimeBuild Ltd., which was owned by Femi’s mother, and the request was signed by his mother. A line in the said letter read as follows: ‘You can negotiate the terms of the supply with bearer’.
Required:
The rights of the company, in the event of failing to supply the building materials to your company.
Find Related Questions by Tags, levels, etc.
- Tags: Breach of Contract, Contract Law, Damages, Remedies, Specific Performance
- Level: Level 1
- Topic: Contract Law
