The Bill of Lading by Frank Stevens

Author:Frank Stevens
Language: eng
Format: azw3, pdf
ISBN: 9780815380061
Publisher: Taylor and Francis
Published: 2017-12-13T22:00:00+00:00

    (2) Subsection (1)(b) does not apply if on a proper construction of the contract it appears that the parties did not intend the term to be enforceable by the third party.”

Article 6.110 (1) of the Principles of European Contract Law (PECL) 2002 provides:

“A third party may require performance of a contractual obligation when its right to do so has been expressly agreed upon between the promisor and the promisee, or when such agreement is to be inferred from the purpose of the contract or the circumstances of the case.”

    Article 5.2.1.(1) of the UNIDROIT Principles of International Commercial Contracts 2010 provides:

“The parties (the “promisor” and the “promisee”) may confer by express or implied agreement a right on a third party (the “beneficiary”).”

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