Week One Flashcards
What is the definition of a contract?
An agreement between parties that is enforceable by law
What is a consensus ad idem?
Meeting of Minds
What case provides a precedent for Consensus ad Idem and what that is?
Mathieson Gee Ltd. v Quigley, no contract when parties offer different contracts.
What case provides a precedent for the validity of an offer?
Case: Thomson v James, an offer is only valid when communicated to the party.
What case provides a precedent for what could cause a Lapse of Offer and what that is?
Wylie & Lochhead v McElroy, factors affecting lapse: Market fluctuations and unreasonable delay.
What is a lapse of offer?
When an offer is no longer valid
What case provides a precedent for acceptance by conduct and what that is?
Carlill v Carbolic Smoke Ball Co, An offer can be made broadly, intended to form a contract upon condition fulfilment.
What case provides precedent for Silence in contracts and what that could mean?
Shaw v James Scott Builders & Co, silence may infer acceptance depending on circumstances.
What case provides a precedent for an invitation to treat and the distinction?
Carlill v Carbolic Smoke Ball Co, an offer can be made broadly to form a contract upon condition fulfilment.
What is the main role of private law?
To uphold rights and enforce duties.
What did Lord Hope of Craighead say about the function of the law in Chester v Afshar [2001] 1 AC [87]?
To enable rights to be vindicated.
Provide remedies when duties have been breached.
What are the four main categories of Private Law?
Persons
Property
Obligations
Actions
How are rights upheld and duties enforced in private law?
Rights are upheld and duties enforced via court-awarded remedies.
Give an example of a relationship that illustrates rights and duties in the ‘Persons’ category.
The relationship between parent and child.
What is the definition of property rights in private law?
Rights related to ‘things’ or property rights.
Give examples of property rights.
Ownership and rights in security.
Give examples of obligations in private law.
Debt and the right to damages for contract breach.
What do ‘Actions’ in private law refer to?
Rules of evidence and procedure.
Give examples of what ‘Actions’ in private law might include.
Admissibility of evidence and remedies.
What are the two types of obligations?
Voluntary Obligations
Involuntary Obligations
What is a Voluntary Obligation?
Contract: Obligation to pay or perform
Promise: Obligation to carry out the promise terms
What is an involuntary obligation in regard to contracts and promises?
Unjustified Enrichment: Obligation to restore the transferred benefit
Delict: Obligation to make reparation for harm wrongfully caused
What is unjustified enrichment?
When someone benefits at the expense of another
What is a delict?
A wrongful act that brings harm to someone or their property.
What are some varieties of contracts in Scots Law?
Sale of goods or services
Sale of land
Employment contracts
Consumer credit agreements
Insurance contracts.
What are the common principles of the Scots Law of Contract?
Formation
Defective agreements
Contractual terms
Breach of contract
Remedies.
How is Private Law important and how it functions?
Facilitates trade
Underpins transactions
Protects against abuse of power, especially in unequal bargaining situations (e.g., consumer contracts)
What is the doctrine of consideration in English Law?
A principle that requires each party to provide something of value for a contract to be binding.
What is the doctrine of promise in Scots Law?
It is a principle where a promise can be binding without the need for consideration.
What are the essential questions to consider in contract law?
Is there a contract?
What is in the contract?
Can it be enforced?
Can a person exit the contract?
When will the contract terminate?
What are the principal remedies in contract law?
Declarator, payment, specific implement, interdict, and damages.
What is required for consensus in idem in contract law?
Agreement on the same thing, including the nature of the contract, the subject(s) of the contract, and the price or consideration.
Meeting of minds
What was the issue in Muirhead and Turnbull v Dickson (1905)?
The nature of the contract (sale vs hire purchase).
How did the court approach the issue in Muirhead and Turnbull v Dickson (1905)?
The court focused on the actual words exchanged rather than subjective intentions.