Law Of Contract

Lee Smith 0602147 BN0902A Construction Management (Law) Unit 1 The Law of Contract Κ& grain;ν&da Gamma; & Κονγ Σολιχιτορσ Νοταριεσ Εστατε “γεντσ 2 Main Street Anytown AT1 1PP Tel: 01010 489764 facsimile machine: 01010-488323 telecommunicate: KAK@sol.co.uk Our Ref:1235678 Your Ref:8765321 Mr Kelvin Grove Managing Director of Krazy Kaftans Ltd (KKL). 25/10/2009 Dear Mr Grove, Re Legal Advice with regard to your pull back exception with Suss and Spenders (SS) Further to our recent meeting, I have without delay had the hazard to consider the factual matters you outlined and can give notice you of my findings as follows: I will start by explaining bonnie what is meant by the term “ campaign” and describe the essential features hav e-to doe with with a logical contract. A much quoted commentary of a contract is “an stipulation which creates, or is intended to create, a effectual pledge between parties to it.” (Ashton et al, 2003) This would be the simple definition of what is meant by a contract.

A more in depth definition would be that of (MacQueen & Thomson, 2005) where its states “ Contract can be defined as an agreement between two or more parties having the condenser to earn it in the form demanded by the law to dress on one side or both acts which be not trifling, indeterminate, impossible or illegal.” The key essential features of each valid contract a! re described by (Macmillan & Lambie, 1997) “ there moldiness(prenominal)iness be full agreement on all lay aspects – this is known as consensus in idem. The parties to the contract must urinate to to contract i.e., they have intention to be legally bound. The parties must have capacity to enter contracts. The contract must even out to any requirements as to formality. The agreement must not be prohibited by...If you want to get a full essay, invite it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper