Case Of Mason V. R & G

The principle of law is that for a valid contract to be formed there must be an agreement reached by both parties.

A contract is a legally obligatory promise or set of promises (Bagley, C. 2013). If this promise is broken, either party involved can be legally responsible and take the other party to court. There are four basic elements in the creation of a valid contract. The first consist of an agreement between the parties involved, by an presented offer and acceptance. The second states that the parties’ promises must be supported by something of worth, known as consideration. The third advises both parties must have the ability to enter into a contract. The fourth element states the contract must have a legal purpose (Bagley, C 2013).

In place are laws of binding contracts to protect ones such as the 12 year old.

A contract requires four elements to be valid. Essential elements in any contract include the following: agreement, consideration, legal ability, and a legal object (Kubasek, Browne, Herron, Dhooge, & Barkacs, 2016). The agreement includes the offer made to the other party who then agrees to enter into the contract. The consideration includes the exchange each party receives as a result of the contract. The legal ability is capacity one has to enter into a legal contract. The legal object is the legality of the contracted issue. These elements together create an effective, valid contract.

Contract.(n.d.).Legal Information Institue. In Cornell University Law Schoo.l Retrieved on November 10, 2013 from http://www.law.corne

A legal contract arises when there is an offer, acceptance of that offer and also a sufficient consideration to make the contact valid. There are five essential elements that make a contract legal and these includes;

1. Competent parties. A court will not uphold a contract entered into by parties the law does not believe have the capacity to take on such a legal responsibility, such as minors or people who are mentally incapacitated.

Adult Americans conduct agreements in the form of contracts. The legalities prior to the agreement are typically where we get into trouble and seek advice from friends or family members. What must be fulfilled for a contract to be valid? According to (Patterson) the following is necessary: It must be based on mutual agreement by the parties to do or not to do a specific thing (2013).

Marshall received a signature on a contract from a seventeen year old minor in which he hopes to enforce. From a legal standpoint, minors have a limited ability to enter into contracts. The seventeen year old minor employee can void the contract he signed at any time. Minors have the option to do this because of laws made to protect them

The four elements of a valid contract are offer and acceptance, meeting of the minds, consideration and competent parties. The contract must cover a legal purpose or objective as well (Binder, 2012). The objective theory of contracts holds that contract formation is dependent on what is communicated, rather than what is thought by one of the parties (Barnes, 2008).

The last requirement of a valid contract is that its provisions be legal. If a

In order for a contract to be formed, there are various requirements. These are offer, acceptance, consideration, and the intention to create legal relations. A contract may also be terminated.

Therefore the contract that is limping and made without consent is not bound to the minor and it is considered void while Mpho and Thabo would in this case still be bound to that contract and the minor has an option to either Ratify the contract, choose to enforce the contract or repudiate , choose not to enforce the

Although most of the contracts are done verbally but there are some requirements of how should a contract be maintain valid in which the most important two are Firstly there should be acceptance of offer by both the parties and secondly there must be something in exchange like the goods, services or promise. Here, the question arises that does a contract needs to be written? Written agreement of the Contract is a wise decision to made, some of the state laws requires written agreement of contract for certain dealings. So outlining the legal issue for the case under the Australian common Law indicates that there was no intention to create legal intention. But there was an Offer and acceptance too in the case but looking at the rules of offers which states in the case (R v Clarke). It must be communicated to the offeree. There was no consideration either taken place between both the parties so that would make the contract more Appropriate. Its also not mentioned anywhere about the age of Nathan that means he can be a Minor too which means under 18, it can also make the contract go void. It can be an fraudulent misrepresentation as John knew that Nathan was not understanding his offer and may be John tried to Deceive him intentionally. A contract inducted by fraud is voidable at the action of the innocent party as it was in (Derry viper) (1889). Apart from the Contract Law there was also negligence involved in

The first element of a valid contract would have to be the offer. You can’t have an contract with a having something to offer to another partner. An offer is when one party