What did the Victorian Society uphold in terms of contracts?
A freedom to contract 'Laissez Fair'
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When may a contract be void?
When it is for an illegal purpose
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Give an example of a illegal contract?
Taylor V Bhail (school roofing)
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What does the Fraud Act of 2006 involve?
false representation, failing to disclose, abuse of position
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What does the Bribery Act of 2010 constitute?
failure to have adequate procedures that control bribery, bribing public officials (this act applies in UK&abroad)
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What does the Competition Act of 1989 constitute?
It prohibits anti-competitive practices
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Sometimes companies set themselves high standards...
...these high standards need to be met!
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Construction regs 2007? (SAFETY)
safety duties for everyone, CDM needs to be appointed, Health&Safety file must be kept
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The Typology of a contract?
How it is written; eg implied terms (extra obligations (law), conditions (important parts)
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What is a warranty?
Representations that are guaranteed to stay true
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What is an indemnity?
A promise to compensate the full value of loss or other
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(Prohibited Terms) Housing grants, Construction & Regeneration act 1996?
Not allowed to have a pay once paid clause anymore
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(implied terms) Sales of goods act 1979?
goods have to be of saleable quality & correspond with description
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What are exclusion clauses?
contract term that seeks to limit a liability that would otherwise apply.
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'Cover pricing' means what?
Agreeing with a competitor that you will bid a higher price for a job, because you don't want the work at the moment - but you want to ensure that you stay on the customer's list of tenderers.
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Public procurement law applies to what?
Procurement of goods and/or services over certain threshold values by public bodies for use by public bodies
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