Examlex
Each one of the following contributes to librations and our ability to see more than half the Moon's surface EXCEPT ONE.Which is the exception?
Privity of Contract
The principle that a contract confers rights and imposes liabilities only on its parties; no outsider can gain rights or be liable under it.
Novation
The process of replacing an existing obligation with a new one, substituting a party or terms in a contract with the consent of all parties involved.
Rules of Interpretation
Guidelines and principles used to determine the meaning and intention of legal texts and statutory provisions.
Doctrine of Privity
A principle in contract law stating that contracts are binding only upon the parties signing the contract and no third party can enforce or be bound by the contract.
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