Introduction to Contract Law Flashcards
1
Q
What is a contract?
A
Tritel on the law of contract says that it is an agreement that gives rise to legal obligations that are enforced and recognized by law.
2
Q
In what 3 ways can a contract be made?
A
- Orally
- In writing
- By Conduct
3
Q
What are the 4 main ingredients of a valid contract?
A
- Offer & Acceptance
- Certainty
- Intention 2 create legal relations
- Consideration