CON | General & Sports Flashcards
Discuss ‘contract’
- There must be a PROMISE to fulfil an OBLIGATION
- Obligationary agreement (not an informal agreement)
- Intention
- Legal fact
- Enforceable at law
- Legal bond
Promise to fulfil an obligation
A meeting of the minds (minds at idem)
Obligationary agreement (not an informal agreement)
If you do not comply with the agreement, you are not complying with the obligation and there will be legal consequences
Intention
- To bind yourself legally
- If you repudiate, there will be legal consequences
Legal facts
- Something that is true in law
- Something to which the law attaches consequences (even if the parties do not know what the consequences of breach will be)
- Even if parties do not provide remedies in the contract, naturalia will step in (specific performance, cancellation, and/or damages)
Enforceable at law
The innocent party can rely on a remedy at law
Legal bond
Same as legal obligation, in essence.
What is pacta sunt servanda?
One is bound by a contract into which one entered freely, willingly, while of a sound mind (ie. no duress, misrep, etc.)
Discuss ‘obligation’
- Legal bond
- Right o performance (creditor) = “claim”
- Delivery of thing, doing of something or refraining from doing something = “debt”
- Creditor’s right: Personal right(performance by another person) - creditor is personally obliged to receive performance from another person
- Entails a right and duty (ie. reciprocal)
What are the types of obligations?
- Natural obligations: Cannot be enforced in a court of law (unassisted contract of a minor; certain requirements are not met)
- Civil obligations: Can be enforced by a court of law (eg. contract of employment)
What is the difference between contract and obligation?
- Obligations are created as a consequence of entering into a contract.
- Contract = piece of paper
- Obligation = legal creation
Where does our law of obligation come from?
- Legal bond with RIGHT and DUTY
- Bond must be recognised LEGALLY
- Examples of ‘obligations’ which are not juridically recognised:
a. Romantic date;
b. Acceptance of dinner invitation.
What is the difference between a legal duty and obligation?
- “Legal duty”: Uphold law by not stealing
- Refrain from damaging private property
- Comply with traffic rules
- These ‘duties’ create NO obligation, because they do not create any RELATIONSHIPS (in a legal-technical sense)
- Duties may, however, lead to obligations
- Eg: Non-compliance with traffic rules leads to accident with other vehicle. This constitutes a delict, which in urn creates an obligation.
An obligation is the CONSEQUENCE of a valid contract.
How does the Constitution come into play?
- Pacta sunt servanda
- “Probably the most important foundation of the SA law of contract” - Judge Hefer
- Shifren.
- Brisley v Drotsky
What must a bond have?
The law must attach consequences to it.