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  2. Third-party beneficiary - Wikipedia

    en.wikipedia.org/wiki/Third-party_beneficiary

    A third-party beneficiary, in the law of contracts, is a person who may have the right to sue on a contract, despite not having originally been an active party to the contract. This right, known as a ius quaesitum tertio , [ 1 ] arises when the third party ( tertius or alteri ) is the intended beneficiary of the contract, as opposed to a mere ...

  3. Collateral contract - Wikipedia

    en.wikipedia.org/wiki/Collateral_contract

    For example, a collateral contract is formed when one party pays the other party a certain sum for entry into another contract. A collateral contract may be between one of the parties and a third party. It can also be epitomized as follows: a collateral contract is one that induces a person to enter into a separate "primary" contract.

  4. Management contract - Wikipedia

    en.wikipedia.org/wiki/Management_contract

    Management contract companies have information on business finance also. This puts the business in a vulnerable position. Hiring an outside contractor makes it difficult for the business to foresee the number of conflicts that can occur. For example, a business owner hires a contract management company for the operations of the company.

  5. Law of agency - Wikipedia

    en.wikipedia.org/wiki/Law_of_agency

    contract negotiation and promotion (business management) such as for publishing, fashion model, music, movies, theatre, show business, and sport. An agent in commercial law (also referred to as a manager) is a person who is authorized to act on behalf of another (called the principal or client) to create a legal relationship with a third party.

  6. Contract Repapering to Mitigate Third-party Risk in Data ...

    www.aol.com/news/contract-repapering-mitigate...

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  7. Privity of contract - Wikipedia

    en.wikipedia.org/wiki/Privity_of_contract

    Third-party insurance - A third party may claim under an insurance policy made for their benefit, even though that party did not pay the premiums. Contracts for the benefit of a group , where a contract to supply a service is made in one person's name but is intended to sue at common law if the contract is breached; there is no privity of ...

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