privity in a sentence
Examples
- An assignee who comes into privity of estate is liable only while he continues to be the legal assignee : while he is in possession under the assignment.
- Apart from this instance relating to tort, in practice the doctrine of privity is entirely ignored in numerous situations, throughout the law of trusts and agency.
- "' Privity "'is a doctrine in English contract law that covers the relationship between parties to a contract and other parties or agents.
- .. . experience with leasehold tenure where positive covenants are enforceable by virtue of privity of estate has demonstrated that social injustice can be caused by logic.
- Under that " privity " doctrine, creditors and investors can't sue even if Vinson & Elkins handed out bad advice to Enron.
- An exception is where the auditor provides the third party with a privity letter, explicitly stating the third party can rely on the report for a specific purpose.
- In the case, the court declared that the doctrine of privity provided that only those who are party to an agreement may sue or be sued on it.
- In this case, there was no contract between the owner and the original purchaser, and there was not privity of contract between the owner and any third party.
- :: True, but I think a referral to any text on Contract Law in general and Privity of Contract in particular would have been a more reasonable response.
- Iacobucci acknowledged that this exception was a departure from the doctrine of privity; however, it was only " incremental " in nature and did not abdicate any existing principles.