StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Contract Law in Perspective - Research Paper Example

Cite this document
Summary
The purpose of this paper “Contract Law in Perspective” is to discuss the settled rules of contract law in detail. The lawmaking agencies claim that the contract law would help fulfill the promises that it makes in terms of the enforcing of certain laws…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.2% of users find it useful
Contract Law in Perspective
Read Text Preview

Extract of sample "Contract Law in Perspective"

Download file to see previous pages

Discussing each case study in a lot of detail, the paper tries to establish a relationship between the problems that were faced in the cases and the effectiveness of the law. The latter part of the essay deals with the question of how the contract law can be made more enforceable by the following of certain procedures when it comes to the creation of the contracts. Overall, the paper combines the relation of the contracts and the contract law and deduces how deficiencies in the contracts can lead to deficiencies in contract laws.

A contract is a means through which an agreement is formalized between two parties on a particular subject. 1 In other words, it is through a contract that two different groups can make promises to each other about different services that have to be provided to each other in the future. Contracts are basically very important because they are used in almost all matters. The use of contracts ranges from the sales of goods and property to the hiring of an employee. Since contracts are increasingly getting important a set of rules and regulations are needed to govern the principles that determine the terms of a contract.

Therefore the contract law is of particular importance.The contract law is a set of rules and regulations that help govern the content, the validity and hence the induced formal relationship of two or more particular groups that may be related to the provision of goods and services.2 However, organizations this definition is not very vastly applied. The more appropriate definition is a promise or a set of promises that are made between two (or more) particular parties (let them be in organizations for that matter) and that is enforced by the law.

Contract law is also defined as a set of obligations, rather than promises, that the law would implement.

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Contract Law in Perspective Research Paper Example | Topics and Well Written Essays - 5250 words, n.d.)
Contract Law in Perspective Research Paper Example | Topics and Well Written Essays - 5250 words. Retrieved from https://studentshare.org/law/1738581-contract-law-or-exclusion-clauses
(Contract Law in Perspective Research Paper Example | Topics and Well Written Essays - 5250 Words)
Contract Law in Perspective Research Paper Example | Topics and Well Written Essays - 5250 Words. https://studentshare.org/law/1738581-contract-law-or-exclusion-clauses.
“Contract Law in Perspective Research Paper Example | Topics and Well Written Essays - 5250 Words”, n.d. https://studentshare.org/law/1738581-contract-law-or-exclusion-clauses.
  • Cited: 0 times

CHECK THESE SAMPLES OF Contract Law in Perspective

The Decision in Baird Textiles v Marks & Spencer

Lord Wright explains how certainty in law and flexibility in business could be aligned.... This study discusses the case Baird Textiles v Marks & Spencer involves the question of contractual terms to be implied by the parties' conduct during the operation of a running contract.... hellip;  The case Baird Textiles v Marks & Spencer involves the question of contractual terms to be implied by the parties' conduct during the operation of a running contract....
8 Pages (2000 words) Case Study

Aspects of Contract and Negligence

Assignment 1- Aspects of Contract and Negligence Name: Course: law Tutor: College: May 13, 2012 Case 1 a) Different Types of Business Agreements Katie's interests are important and, therefore, before she enters into an agreement it is vital that she knows various types of business agreements at her disposal.... This paper will explore each type of agreement and discuss the best contract for Katie.... Standard form contract is very common in today's world; it is mainly common with large companies....
8 Pages (2000 words) Essay

The Legal and Ethical Frameworks in Organization

Contract Law in Perspective.... Essentials of contract law.... However, the company uses the law to legitimize its failure to meet its obligations and compensation of the victim.... law for social workers.... Business law 2007-2008....
3 Pages (750 words) Essay

Fred Smith and His Family

The first test that must be passed for this to be considered a contract is whether or not it is legally enforceable.... The offer must be something that is communicated by one party to another in relationship to what is intended or promised by the contract (Bhana, Bonthuys and Nortje 2009, 31)....
7 Pages (1750 words) Assignment

Foundations of the Law of Obligations

Under the principles of European contract law, Article 2.... Name: University: Course: Tutor: Date: Foundations of the law of obligations Introduction In Butler Machine Tool v Ex-cell (1979) 1 All ER 965 , Lord Denning was of the opinion that the best approach of determining the existence of a valid contract between two parties was to look at the forms, to glean from the agreement as continuous passing of documents between the parties offers flexibility and enables informed decision-making in making of valid contracts....
7 Pages (1750 words) Essay

Ascertained and Unascertained Goods

The current scenario points towards a contract for ascertained goods and therefore it is likely that ownership of the property will pass on delivery based on the SGA provisions and established case law.... hellip; Whilst Lacey is insolvent if the standard form contract is agreed upon, clause 11 of the contract provides that “Termination of the contract under this condition shall not affect the parties arising in any way out of the contract”....
8 Pages (2000 words) Assignment

Consumer Protection

Tackro are now claiming that they are entitled to payment of… It is submitted that the implied terms and rights under the Sale of Goods Act 1979 (SGA1) will be applicable and in order to advise Mr Rumsey with regard to his legal position regarding the goods purchased by Tackro, it will be necessary to evaluate the The law of contract stipulates three fundamental requirements for the formation of a legally enforceable contract; namely; offer, acceptance and consideration2 (it is important to note that the contracting parties must have legal capacity, which is presumed not to be an issue in this case)....
14 Pages (3500 words) Essay

Consumer Protection

From this work, it is clear the peculiarities of the English law of contract, the length of time post-purchase, the right against the credit card company.... hellip; The law of contract stipulates three fundamental requirements for the formation of a legally enforceable contract; namely; offer, acceptance and consideration (it is important to note that the contracting parties must have legal capacity, which is presumed not to be an issue in this case)....
7 Pages (1750 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us