THEORETICAL AND PRACTICAL ASPECTS REGARDING THIRD PARTIES IN THE LIGHT OF CONTRACTS’ EFFECTS RELATIVITY PRINCIPLE

Abstract

The contract is the subject of civil law that creates the basic entity of the national and international economy, and the contracting process is the most important stage in economic affairs in general. Naturally producing effects between the parties, we can say that vis-à-vis the parties, the contract is binding, or, in other words, the signatory parties must comply with the provisions of the contract. On the other hand, compared to third parties, the effects of the contract being only an exception, we can say that the production of the effects towards them is relative. This study represents an exemplary synthesis of the theoretical and practical dimension of the issue of the third party notion in the light of the new regulations of the Civil Code, norms that created new ways of economic development of the Republic of Moldova.

Keywords

• contract
• contract effects
• relativity
• opposability
• party
• third party