Separation of the Agreement Concluded in Favour of Third Party from the Agreement Concluded Through a Representative
Keywords:
The agreement concluded in favor of the third party; transactional representation; separation, representative, represented personthird party.Abstract
The difference between an agreement concluded in favor of a third party and an agreement concluded through a representative is demonstrated in the article. The mentioned is shown through establishing interrelation between the separate elements of notion of an agreement concluded in favor of a third party, the purpose of declaration of will of the parties, powers of third party or the basics of legal relations of participants of contractual relationship. All of this illustrates the essence of an agreement concluded in favor of a third party and an agreement concluded through a representative, in addition, it makes clear that not all agreements involving three parties should be regarded as concluded in favor of third party.
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