Common Law Free essay! Download now

Common Law

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COMMON LAW
Task-1

P1. CONTRACT:
A contract is an agreement between two or more parties which is supported by consideration and enforced by law.

AGREEMENT:
Agreement is an offer, acceptance to create legal relations, legal capacity.

DIFFERENT OF BUSINESS AGREEMANT :
According to their subject matter. E,g Contract of sale of goods land, insurance employment, consumer credit etc.
According to their parties. E,g commercial & noncommercial contracts.
According to their form (whether contained indeed on in writing,whether express on implied) e,g formal and informal contracts.
According to their effect (whether bi-lateral or unilateral,whether valid,void,voidable or unenforceable.) (Chitty on contracts 30th edtn vol 1)

REQUIRED KEY ELEMEANTS:

contract: 1. Agreement
Consideration 3. Enforced by law

P2.

To determine we need to full-feel between John and Robert. we need to full-feel the following requirement .

OFFER: an offer as expression of willingness to entering to a contract on certain terms.( stores v Manchester city council )
According to the definition it’s an offer because there some evidence like John phoned Robert and offered $5000 for the ovens and an email where was mentioned that no need to reply.

ACCEPTANCE: An acceptance is ...

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