单词 | third party beneficiary contract |
释义 | third party beneficiary contractthird party beneficiary contracta contract that allows a party to whom the parties in a main contract intend to receive a benefit to enforce a duty created by the main contract, irrespective of an issue of CONSIDERATION. Established in US law, English law has recently adopted a similar position by statute. See JUS QUAESITUM TERTIO, PRIVITY OF CONTRACT. |
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