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Which of the following is the correct meaning of "privity of contract":

Privity refers to the contractual relationship between the contracting parties and ordinarily means only a party can enforce the contract. M. C. Chacko recognises this…

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Which of the following is the correct meaning of "privity of contract":

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Correct answer D

Privity refers to the contractual relationship between the contracting parties and ordinarily means only a party can enforce the contract. M. C. Chacko recognises this general rule along with established exceptions, including beneficiary rights under a trust or family arrangement. It concerns enforceable contractual rights, not secrecy, the contract's object or knowledge of its circumstances.

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