Kategorier: Alle - contract - intention - capacity

av Anh duy Trần 5 år siden

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Contract Law

Understanding contract law involves recognizing various elements that determine the enforceability and validity of agreements. Illegality can render a contract unenforceable if it involves criminal activities or torts, potentially invalidating the agreement and penalizing the parties involved.

Contract Law

Contract Law

Unconscionability

Unfairly take advantage from the weakness or disadvantage

Illigality

unenforceable
Crime/Tort

may invalid contract

may penalise parties

Capacity

Minor
eneficial contracts of service
Contract of necessities
Lack of intellectual capacity

Consideration

must be sufficient
Not prior legal obligation. Ex: a part of job
NOT past consideration Ex: promises happened before contract made
St legal value exchanged
EX: payment, provision, serious obligation...

Intention

2 presumptions
Business context
Social/Domestic context

Unless serious financial consequences

Could be rebutted

Not intended

intend the agreement is legally enforceable

Agreement

OFFER
Invitation to treat

Price tab

Advertisement

Auction

revoked by offeror

unless by deposit

rejected by offeree
accepted by offeree
Offer + Acceptance