StudentShare solutions
Triangle menu

Contract law exam - Essay Example

Not dowloaded yet

Extract of sample
Contract law exam

Mistake is another vitiating factor and it has be operative in order to render a contract void or voidable At common law it will render the contract void ab initio and nullify any property passed or obligations created.Mistake at equity may make the contract voidable for mistake which means that the contract has an option of being avoided and will be The law relating to mistake is not statutory and can be inferred from a number of case law.It has often been stated that the categorization of the types of mistake etc is confusing and should be reformed.The effect of mistake is that if the contract is void at law then the there is no remedy of specific performance available either.(Nutt v Read (1999) The Times, December 3.)
Consideration is an integral part of a contract essentially what really makes an agreement a fully enforcea ...Show more

Summary

One way in which a contract can be discharged is frustration which will thus operate in situations where it has been established that due to subsequent change in circumstances, the contract has become impossible to perform, or it has become deprived of its commercial purpose by an event not due to the act or default of either of the parties to the contract.This does not however equate to initial impossibility, which renders the contract void ab initio…
Author : kieranconroy
Contract law exam essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Contract law exam"
with a personal 20% discount.
Grab the best paper

Related Essays

Contract Law Exam seen case study
In the given case, Sophia owns her own house in which she lived with her fiance, Tim. Sophia is originally from Latvia and her English did not used to be that good. Therefore, Tim managed almost all of their financial matters. He obtained a loan from Trusty Bank to make investment in a new business venture.
4 pages (1000 words) Essay
Contract Law

The author states that Patrick Atiyah’s book, Introduction to the Law of Contract, has been imperative in the spread of Contract law and thus enabling people understand the various concepts in the law and the rubrics for its effective running. Britain is one country that has embraced contract law with a lot of passion. 

8 pages (2000 words) Essay
Contract Law
In case one party breaches the contact, they are likely to face an action of damage. Alternatively, the court may direct the party who have bleached the contract to a performance. In most cases, a contract is usually commercial in nature and it involves sales of certain goods or services.
8 pages (2000 words) Essay
Contract law
Secondly, the analysis seeks to evaluate whether there was sufficient basis for either party to rescind the contract, or by the party rescinding the contract, a violation of the legal provisions under the contract law were violated. Thirdly, the analysis will consider the available defenses for the defendant in this case, Lord Melbray, allowing him to terminate the contract.
10 pages (2500 words) Essay
Contract Law Exam Practice Essays
This doctrine does not allow even a third party who is a financial entity to enforce or amend the subordination clause. In the case of Trident General Insurance vs. McNiece Bros Pty Ltd, McNeice could not receive workers compensation he
5 pages (1250 words) Essay
Contract law
hat make a contract to be valid and this includes the following; there must be an offer and an acceptance, there must be an intention to create legal relations, the contract must be under deed or consideration, there must be a contractual capacity, a genuine consent which must
8 pages (2000 words) Essay
Contract law exam
The potential for injustice surrounding the doctrine of privity of contract has been noted by the courts. For example in Forster v Silveremere Golf
3 pages (750 words) Essay
Busnisse law final exam
In this case, Faithful never agreed to anything and hence it was just but a promise by the board to give him pension once he retires. Any legal action that can be taken will therefore be
2 pages (500 words) Essay
Contract law
An offer is a statement made by a party over a subject matter and with terms and willingness be legally bound to the statement should the other party accept it. Acceptance exist when a party to whom the offer is
1 pages (250 words) Essay
Contract Law
In a case of a common mistake in contract the most adversely affected party can seek court intervention to rescind the contract under the doctrine of mistake in equity.2 The interpretation of a common mistake poses
4 pages (1000 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT