Briefly Explain the General Rule of Contract That Gives Rise

question 57

Essay

Briefly explain the general rule of contract that gives rise to the concept of privity of contract.

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Definitions:

Obverse

In logic, a method for transforming a proposition by negating both the predicate and the subject, and replacing the predicate with its complement.

Propositions

Declarations or claims that convey a belief or viewpoint, capable of being either correct or incorrect.

Converse

In logic, a statement formed by exchanging the hypothesis and conclusion of a given conditional statement.

Proposition

A statement that expresses a concept that can be true or false.