Contract law test
What is a contract law in English?
A contract is a voluntary obligation, contrasting to the duty to not violate others rights in tort or unjust enrichment.
English law places a high value on ensuring people have truly consented to the deals that bind them in court, so long as they comply with statutory and human rights..
In general, a verbal agreement is enforceable but does require four factors to be true.
- An offer has been made by a seller
- Someone has accepted the offer
- There has been an exchange of something of value
- Both parties intended to make the agreement and were not joking or posing a hypothetical instance
- The objective test of agreement is when the court decides whether there is contract based on the outward appearance of what constitutes the contract.
However the subjective test of agreement involves trying to establish whether there was a “meeting of minds” when the contract was made.
Contract law is the branch of law that deals with making contractual agreements and enforcing them in court. Contracts are made be…
