Contract Law

Running Head : Law of ContractNameUniversityCourseTutorDateThe question of whether a effectual fix exists or does not exist between Ms . Connor and Mr . Turner can only be provided by a deep evaluation . Since a choose is an agreement make between two or more parties that is jurally fecundation , every(prenominal) valid contract anticipates for special fundamental requirements for its institution . However , this contract is not valid since it is insufficient of specific contractual requirements between the partiesConventionally , any contract should posses various aspects for its validation . They include :- Offer and acceptance the right of contract requires that every contract should prescribe to an offer by 1 individual which should be accepted by the other . This is the basic ingest in contracts where the meeting of the minds of the parties is provided This skylark provides the objectivity in the contractual relationship between the partiesIntention should be to form ratified agreements . Unless the genuineness of a contract is bound by the essence of the legal clause , the contract is not binding . The legal feature in contractual relationships provides a basic ground with which the contract in enforceable by the law HYPERLINK hypertext transfer protocol / vane .expertlaw .com /library / crinkle /contract_law .html http /www .expertlaw .com /library /business /contract_law .htmlNevertheless , the formality of a legal contract should be in writing However , the law provides oral contracts as legitimately binding to some extent in been binding as the written agreements . Conventionally however , it prescribes that contracts that relate to real estates and those which choose coarse amounts of money be put down in writing HYPERLINK http /www .expertlaw .com /library /business /contract_law .html http /www .expertlaw .com /library /business /contract_law .htmlAdditionally , a valid contracts call for certainty and completeness for its enforceability . The terms that be described in the contract should be certain and complete in the legal self-sufficiency .

Unless these features are fulfilled , a contract is therefore not validWhat defects in the contract formation process may collect occurredThe contract between Mr . Turner and Ms . Connor had some legal defects which made it not legally binding . At one level , the contract should have been made between them and Rebecca as the third party . This is because of her position in handling pecuniary matters for Connor However , her withdrawal after five minutes meant that her absence provided no legitimacy for the contractual relationship to be legally binding . Secondly , the conventional law requires that contracts relating to real estates and huge sums of money be brought down in writing . The formality in writing in real estate contracts which are taken to take long periods can only be legitimized through formalities in written forms . Nevertheless , a valid contract in one formed between parties of sound contractual relationships . This discredits the young children and persons of unsound mind in making valid contracts . In the presence of Mr . Turner , Connor was pickings medication Zyprexa implying that she had some mental illness . Consequently , the law of contract discredited her in going...If you want to get a full essay, order it on our website: Orderessay

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