Law Of Contract Flashcards
0
Q
Breech of a contract
A
Resind the contract (Contract is void)
Compensation (Money)
Specific performance (work to contract)
1
Q
In order for a contract to be formed these must be in place
A
Agreement (offer and accept) Consideration (money and ownership) Intention (both sides want it to be) Capacity (able to form a contract >17) Real consent (not under pressure ) Legality of form (some need written) Legal purpose ( can't be illegal activity)