The Stipulation for the Benefit of Others
Abstract
AbstractThis research examines the contract of stipulation for the benefit of others, which serves as an exception to the principle of privity of contract. While contracts typically do not confer rights or obligations on third parties, this stipulation extends contractual benefits to a non-party without imposing obligations on them. The study defines this legal concept, traces its historical development, and explores its significance in contract law. The research also analyzes the stance of Iraqi civil law and other legal systems on the validity of such contracts, outlining the essential conditions and fundamental contractual elements: consent, subject matter, and cause. Additionally, it explores the legal relationships arising from this contract, with particular emphasis on the relationship between the stipulator and the beneficiary, where the deviation from privity is most evident. The study further examines the legal consequences of the beneficiarys acceptance or refusal of the stipulated benefit and reviews various theoretical perspectives on the legal nature of this stipulation.
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