Zusammenfassung der Ressource
A-Level Economics - Contracts
- Formation of a Contract
- 1. Offer
- 2. Acceptance
- 3. Consideration
- 4. Legal Capacity
- 5. Consent
- 6. Legality of Form
- 7. Legality of Purpose
- Defences Against Formation
- 1. Lack of Capacity
- 2. Duress
- 3. Undue Influence
- 4. Illusory Promise
- 5. Statute of Frauds
- 6. Non est factum
- Contract Interpretation
- 1. Parol Evidence Rule
- 2.Contract of Adhesion
- 3. Integration Clause
- 4. Contra Proferentem
- 5. Title transfer
Theory of Contract
- Rights of Third Parties
- 1. Privity of Contract
- 2. Assignment
- 3. Delegation
- 4. Novation
- 5. Third Party
Benificiary
- Breach of Contract
- 1. Anticipatory Repudation
- 2. Cover
- 3. Exclusion Clause
- 4. Efficient Breach
- 5. Deviation
- 6. Fundamental Breach
- Remedies for Breach of Contract
- 1. Specific Performance
- 2. Liquidated Damages
- 3. Penal Damages
- 4. Rescission
- Excuses for Non-performance
- 1. Mistake
- 2. Misrepresentation
- 3. Frustration of Purpose
- 4. Impossibility
- 5. Impracticality
- 6. Illegality
- 7. Unclean Hands
- 8. Unconscionability
- 9. Accord and Satisfaction