WK 1 - Introduction Flashcards
Intro & formation of contract
When is private law invoked?
Resolution of disputes between persons.
Role of private law/courts/remedies
Uphold rights and enforce duties.
Structure of private law (4)
Persons: Rights & duties arising from status (e.g. parent & child)
Properties: Rights in ‘things’ (e.g. ownership)
Obligations: Personal rights against others (e.g. breach of contract)
Actions: Rules of evidence & procedure (e.g., remedies)
Voluntary obligations
Ex voluntante.
Arise from contracts/promise
Involuntary obligations
Ex lege.
Unjustified enrichment and delict.
Explain the nature of obligations (4)
Contract: Obligation to pay or perform
Promise: Obligation to carry out its terms
Unjustified enrichment: Obligation to restore benefit which was transferred
Delict: Obligation to make reparation for wrongfully caused harm
What is an obligation?
Relationship of corresponding rights and duties between two persons
What is a unilateral obligation? Example.
B (debtor) owes a debt to A (creditor).
B is under duty to pay creditor and the right is enforceable by A against B.
What is a contractual obligation?
B agrees to paint A’s shed for £40.
B is under a duty to perform and right to payment. A has the right to compel performance and a duty to pay.
[Usually bilateral.]
How is recourse made? (4)
Made to general principles in question of:
Formation; defective agreements; contractual terms; breach of contract + remedies
Where is a promise valid? And where is consideration valid?
Promise: Scotland
Consideration: England
[Which questions to ask?]
Is there a contract?
What is the contract?
Is it enforceable?
Can someone ‘get out’?
When does it end?
What are the principle remedies in a contract? (5)
Declarator
Damages
Payment
Specific implement
Interdict
What is necessary to conclude a contract?
Consensus
Which terms must typically be agreed upon?
Nature of the contract
Subject(s) of the contract
The price [or consideration]