Basics

Question 1

Contract Law

Answer 1

• Branch of civil law
• type of private law
• to govern individuals’ dealings with one another and provide remedies and resolution when obligations are not upheld

Question 2

Context of Contracts

Answer 2

• move from agrarian and agricultural to urban
• growth in commercialisation and mass production
• pre-19thC - CL part of law of obligation
• Lord Broome - longest speech to HoC to state issues with court
• CL = law fo exception

Question 3

Types of Contracts

Answer 3

• unilateral - one-sided contract
• Bi-lateral - 2 sided contract
• tri-lateral - 3 sided contract
• multi-lateral - multiple sided

Question 4

Features of a contract

Answer 4

• promisor/offeror is the party making the promise or offer
• promisee/offeree is the one receiving it
• can be entered by anyone with legal capacity
  -freedom of and from contract

Question 4

Judicial interpretations and formal requirements

Answer 4

• formal requirement in disposition of land
• courts want to give parties ability to form contracts on any terms they want
• balance with certainty and business efficacy