CHEM 110 Lecture Notes - Lecture 10: Beswick V Beswick, Specific Performance, London Drugs

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CHEM 110 Full Course Notes
37
CHEM 110 Full Course Notes
Verified Note
37 documents

Document Summary

Third parties and the relative effects o f contracts. Brief summary (not exhaustive) look at effects contracts have on 3rd parties. Background: we already know that contracts give rise to obligations, which are legal ties that give us rights in personam (meaning they establish relationships). Different from property rights in that you don"t have an ownership right against the world. Rather, obligations identify concretely who is your partner(s) in this specific relationship. And, in turn, any party that isn"t part of this relationship is external as a 3rd party. An obligation ties 2 (or more) persons together and creates certain personal right (and a duty on the other end). A third party neither has right nor is under a duty that stems immediately from that obligation. They may have other types of relationships to a and b (for instance, tort not to interfere with someone"s contract) but not something that flows directly from contractual relationship.