Law Of Contract Flashcards

0
Q

Breech of a contract

A

Resind the contract (Contract is void)

Compensation (Money)

Specific performance (work to contract)

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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)
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