Beswick v. Beswick
Beswick v. Beswick is a landmark legal case from 1968 that dealt with the enforcement of a contractual agreement. In this case, a man sold his business to his nephew and stipulated that after his death, his widow would receive an annual payment. When the man passed away, the nephew refused to pay the widow. The court ruled in her favor, establishing that contracts can be enforced even if they benefit a third party. This case highlighted the importance of upholding contractual obligations and reinforced the legal standing of beneficiaries in contract law.
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Beswick v Beswick (1968) is a legal case concerning the enforcement of a contract and the rights of parties involved. In this case, an elderly man sold his business to his nephew, who agreed to pay him an annuity and provide for his widow after his death. However, after the uncle died, the nephew stopped paying, leading the widow to sue for enforcement of the contract. The House of Lords ruled in her favor, establishing that third parties could sometimes enforce contractual obligations, highlighting the importance of fulfilling promises agreed upon in contracts.