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Business

2020

AAU Journal of Business and Law مجلة جامعة العين للأعمال والقانون

Binding himself on behalf of a third party

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Full-Text Articles in Law

The Most Important Legislative Amendments Related To The Effect Of The Contract Towards The Third Party In The French Civil Code Amended In 2016 And 2018, Raghid Fattal Jun 2020

The Most Important Legislative Amendments Related To The Effect Of The Contract Towards The Third Party In The French Civil Code Amended In 2016 And 2018, Raghid Fattal

AAU Journal of Business and Law مجلة جامعة العين للأعمال والقانون

The French decree no. 131/2016 promulgated on Feb.10, 2016, and the Law no. 287/2018 promulgated on April 20, 2018 have amended many issues in the French Civil Code, including the doctrine “the contract has effect towards the parties only”. However, this doctrine is not very clear, and needs to be interpreted according to the new legislations. This shall include the idea that “the third party shall respect the legal status created by the contract”, and the idea that the third party can benefit from the legal status created by the contract as well. The doctrine according to which the simulated …