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, ...
Privity of contract. As a general common law rule, only parties to a contract will have rights or obligations under that contract.he doctrine of privity of contract applies only to contractual rights and obligations; if the contract involved gives rise to non-contractual rights and obligations then it is possible for these to be enforced against, or in favour of, those who are not parties to the contract.