Capacity and Privity of Contract

This is about the legal status of persons. Who has the legal status which allows them to enter into agreements which become binding. It is about the capacity to consent to a legally binding agreement.

An episode of the Introduction to Business Law podcast, hosted by Dr Lola Akin Ojelabi, titled "Capacity and Privity of Contract" was published on April 3, 2013 and runs 19 minutes.

April 3, 2013 ·19m · Introduction to Business Law

Summary

This is about the legal status of persons. Who has the legal status which allows them to enter into agreements which become binding. It is about the capacity to consent to a legally binding agreement. Privity of contract is a rule to the effect that only parties to a contract may enforce obligations under the contract or derive a benefit from the contract. Copyright 2013 Lola Akin Ojelabi / La Trobe University, all rights reserved. Contact for permissions.

Episode Description