What is a contract?

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  • Contract law
    • What is a contract?
      • A legally binding agreement
      • It is 'the child of commerce and has grown with the growth of britain' - Jack Beatson.
    • What are the essential elements of a contract?
      • Offer
      • Acceptance
      • Consideration
      • Intention to create legal relations
    • Freedom of contract:
      • Freedom for party's to enter into contract on their own terms
      • Printing and Numerical Registering v Sampson
        • Men of full age and competent understanding shall have utmost liberty of contracting

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