Editing Contracts/Third-party beneficiary
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A contract made in favor of a third party is known as a "third-party beneficiary contract." | A contract made in favor of a third party is known as a "third-party beneficiary contract." | ||
The Contracts (Rights of Third Parties) Act 1999]] introduced a number of allowances and exceptions for ''ius quaesitum tertio'' in [[English law]]. Other [[Common law|common-law]] countries are also making reforms in this area, though the [[United States of America|United States]] is unique in abandoning privity early in the mid-19th century. | |||
==''Ius quaesitum tertio''== | ==''Ius quaesitum tertio''== |