PART I of this text discussed the evolution and general characteristics of legal systems. PART II discussed the formation, interpretation and enforcement of contracts which are agreed to between two parties. While multi-party contracts are briefly discussed, such are noted to be construed strictly in accordance with the terms of such contracts. However, whenever two or more individuals collaborate to work together for some common goal, there are some aspects of their behavior that are subject to the rules of the larger community. More importantly, they must be aware of how the larger community will view their endeavor.

This PART III of the text will discuss how an agreement between two or more parties to interact with third parties, who are not a part of such agreement, may be interpreted by a Court to address the rights and concerns of those third parties.