Category: Contract Law

Student Name Professor Name Course Unit Date Contract Law Cases Charlie v. Best Bargain Issue Will Charlie prevail against Best Bargain Stores after he was denied a General Electric Smart Front Load Washer for $1.00 that was advertised? Rule of Law Advertisements made to the public normally do not amount to an offer but are…

Introduction Contract law is a collection of legitimate directions which oversee the legitimacy, affiliation, and content of any treaty that exists among corporations, entities, and various other organizations. The agreement concerns the exchange of ownership, interests, the provision of services, and the sale of goods. The law of contract always governs the consequences and conclusions…

Four main conditions must exist for a contract law to be valid. The first condition is that both parties must be legally competent to enter the contract. Any contract with a mentally incompetent person is invalid (Showalter, 2020). The second condition is that there should be a meeting of minds whereby one party should offer…

Contract Agreement The agreement is made between the Abu Dhabi Government (hereinafter ADG) and the Borat Construction Company (hereinafter BCC). The BCC agrees to build the project within two years from the day of signing the agreement. The ADG agrees to pay ten billion (10,000,000,000) AED upon the completion of the project on or before…

Introduction A sales contract is an agreement between a seller and buyer. The contract states the terms of engagement and period that a transaction took place and it is signed when a product is transferred from the seller to the buyer (Twomey, 2013) A mutual mistake of fact refers to the unexpected issues that make…

Introduction Individuals operating in the modern business environment must be able to form a contract by taking a rigidly schematic approach to rights, duties, and privileges of all the parties involved. Those entering the world of business should also know how to evaluate the enforceability of a legally binding agreement and to defend it in…

Facts: The agreement between Improve West associates’ and the Improve Comedy Club prohibits the Improve Club from opening any non-improve clubs till 2019. When Improve Comedy Clubs failed to open eight clubs by the end of 2002 Improve West commenced arbitration. The arbitration award of 2005 stated that CCI had forfeited its right to open…

There are five salient elements of a contract. The elements are a requisite for a contract to be enforced. Failure to prove any of the elements renders the contract voidable, thus it cannot be enforced. Acceptance is one of the elements that validate a contract. Secondly, consensus ad idem is required to make a contract…

Table of Contents Introduction General Interpretation of contracts Reasonableness and Fairness Unforeseen Circumstances Estoppel and Waiver Conclusion References Introduction Performance of the contract is defined as the discharge of parties from the obligations they assume during the formation of the contract. Performance of the contract has numerous types. It may be part performance or substantial…

Table of Contents Introduction Elements of a Legal Contract Scenario Analysis Supporting Facts Conclusion References Introduction The law of contract is a fundamental concept enabling the freedom of individuals in the civilian society to help them structure the mutual relations in various legislative aspects regarding one’s goals, preferences, and motives. The contract law establishes the…