Law of contract

Sort By:
Page 1 of 50 - About 500 essays
  • Decent Essays

    Contract Law

    • 2551 Words
    • 11 Pages

    offer, acceptance, and consideration will not guarantee a legally enforceable contract”. Discuss. A contract is an agreement which normally consists of an 'offer ' and an 'acceptance ' and involves the 'meeting of the minds ' or consensus between two or more parties with the intention to create a legally enforceable binding contract. Therefore in this essay, the four core elements needed for the formation of a contract such as offer, acceptance, and consideration and intention to create legal relations

    • 2551 Words
    • 11 Pages
    Decent Essays
  • Decent Essays

    The Law of Contract

    • 772 Words
    • 3 Pages

    Law of Contract The word "Contract" means a legally binding exchange of agreement or promises between two parties which the law can enforce. Contract law is originated from the Latin phrase know as "pacta sunt servanda" means promises has to be kept. Any kind of violation of any kind of contract is fully recognized by any law of the land and the result of such violation can be provided. In general life, almost every citizen makes contract everyday. For example, when purchasing a house, written contract

    • 772 Words
    • 3 Pages
    Decent Essays
  • Good Essays

    Contract Law

    • 2667 Words
    • 11 Pages

    Business Law Assignment; Mistake in contract law, is a factual misunderstanding that may lead to a failure of a meeting of the minds. Unilateral mistake is mean that is only one party is mistaken, but the other party knows, or ought reasonably to be aware of the mistake. Contract may be void or voidable. Void is a contract that is no legal effect. While, voidable is an agreement that may be affirmed or rejected at the option of one of the party. The reason why Lord Denning took the view that these

    • 2667 Words
    • 11 Pages
    Good Essays
  • Better Essays

    Contract Law What is a contract? There is no exact definition of a contract stated in the English law, but a contract simply occurs when two or more people comes to an agreement, under the law, to refrain or to do something having a legal relations and not just an exchange of mutual promises. In common English law, there are 3 essential points in order to create a contract, which is, the agreement, contractual intention, and consideration in both parties. Typically, an agreement can happen when

    • 1777 Words
    • 8 Pages
    Better Essays
  • Decent Essays

    does not know whether he is in a contract with C for these items and is trying to scrutinise if he is entitled to these items. To discover whether there is a valid contract and whether B is able to sue C for breach of any existing contract, facts of the problem must be identified, then laws that are relevant to this case must be deliberated on the basis of contract law principles. Once investigations are completed and if a contract discovered, the terms of this contract must be outlined. B will be then

    • 1831 Words
    • 8 Pages
    Decent Essays
  • Good Essays

    Law 421 Contracts

    • 1057 Words
    • 5 Pages

    Contracts Contracts are an important part of everyday life. They are an essential part of business. As a student of a business law class, I will discuss in this paper several aspects of contracts. This paper will give a definition of a contract and the essential elements necessary to form a valid contract. It will briefly discuss breach of contract and the difference between a material breach and a nonmaterial breach of contract. Examples of legal and equitable remedies available for breach

    • 1057 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Contract Law Essays

    • 1127 Words
    • 5 Pages

    Contract Law On Monday Samantha offered to sell her oboe to Penny for £1,000. Penny replied “I will buy it if I can raise the money”. Samantha promised that she would not sell the oboe to anyone else before Saturday, and added that Penny could collect the oboe at any time before noon on Saturday. On Wednesday, Penny phoned and left a message with Samantha’s daughter, Anne, saying that she had got the money and would collect the oboe on Saturday morning about

    • 1127 Words
    • 5 Pages
    Good Essays
  • Decent Essays

    Australian Contract Law

    • 629 Words
    • 3 Pages

    recently summarised, “Australian contract law, unhelpfully, has six potential sources – the common law, equity, Commonwealth statute, State or Territory statute, incorporated international instruments, for example the CISG, and, finally, the terms of the contract themselves. Having such a diverse range of sources has, in my view, been a recipe for incoherence and for inertia in the legal development [complexity] of contract as such” (Codification of Contract Law: Some Lessons from History, 2013)

    • 629 Words
    • 3 Pages
    Decent Essays
  • Decent Essays

    Contract & Agency Law

    • 3381 Words
    • 14 Pages

    elements of a contract. Consideration is something of value in a contract or agreement between two parties. Both parties must be providing something of value to the other party. It is an act or promise to do (or not to do) something in return for value and the value given is enforceable. All the law need is ‘valuable consideration '. For example, if Jack has offered to pay S$10 for a hammer worth S$100, that is considered valuable consideration. There are three types of consideration in law: executory

    • 3381 Words
    • 14 Pages
    Decent Essays
  • Satisfactory Essays

    M1 contract law

    • 1142 Words
    • 5 Pages

    whether a valid contract was formed and who it was formed with. As Rick’s girlfriend didn’t buy the laptop and is under the age of 18 she wouldn’t be able to return the laptop as there has been no contract formed with her. However we can assume that her boyfriend is over the age of 18 and as he bought the laptop this means the contract was formed with Rick instead of Rick’s girlfriend. The type of contract that was formed with Rick was a standard form contract this is a type of a contract is a legally

    • 1142 Words
    • 5 Pages
    Satisfactory Essays
Previous
Page12345678950