Learning Objectives. 1  Identify the three sources of law. 2  Rank the three sources of law, from highest to lowest. 3  Ascertain the purpose of the US and state constitutions.  Ascertain one purpose of statutory 1  law. Ascertain the purpose of case 2  law. Define judicial review.  Diagram and explain the components of a case brief.
privity definition: Privity is defined as a secret between two people, or a close relationship recognized by law. (noun) When two people know the family secret, this is an example of a shared privity. When two people enter into a contract together, ...
From Wikipedia, the free encyclopedia. The doctrine of privity in the common law of contract provides that a contract cannot confer rights or impose obligations arising under it on any person or agent except the parties to it.The premise is that only parties to contracts should be able to sue to enforce their rights or claim damages as such.rivity of contract occurs only between the parties to the contract, most commonly contract of sale of goods or services. Horizontal privity arises when the benefits from a contract are to be given to a third party.