Contract law in nigeria pdf

Frustration of contract, on the other hand, is a defence available to a defendant who would otherwise be liable for breach of contract for non-performance of contractual obligations but for the occurrence of a fundamental event that makes it impracticable or impossible to perform the contract.

• Contract : “ A contract is an agreement which the law wil enforce as affecting the legal rights and duties of the parties involved” (Sagey, Nigerian. Law

What are the legal requirements for a construction contract in Nigeria?

The legal requirements for the creation of a legally binding contract in Nigeria are offer, acceptance, consideration, intention to create legal relations and legal capacity

Contracts generally do not require any formalities and for this reason there are no mandatory law requirements which need to be reflected in a construction contract

What is an example of a contract in Nigeria?

Examples of such contracts would be a party giving possession of its valuables or equipment to another party either on the agreement of instalment payment or for a fixed period of time

It is not enforceable by law as it does not conform to the definition and the format that binds contracts under the contract law in Nigeria

What laws regulate contract of employment in Nigeria?

Other legislation regulating contract of employment include; The constitution of the Federal Republic of Nigeria The Trade Unions Act 2004 The Trade Dispute Act 2004 The National Industrial Court Act 2006 Element of contract of employment