PVL3702 LAW OF CONTRACT FINAL PAPER
2026 AGREEMENT FORMATION AND
CONTRACTUAL OBLIGATIONS FULL
ANSWERS AND LEGAL INSIGHT
◉ Termination of a Contract
Answer: When is a Contract over
1. Performance
2. By Agreement
3. Frustration
4. Breach
◉ Remedies for Breach of Contract
Answer: 1. Rescind (cancel) the contract
2. Compensation (sue)
3. Seek specific performance
◉ Invitation to treat
Answer: Inviting a person to make an offer that does not have to be
accepted. A suggestion to someone that they should make an offer.
◉ Offer
2026 AGREEMENT FORMATION AND
CONTRACTUAL OBLIGATIONS FULL
ANSWERS AND LEGAL INSIGHT
◉ Termination of a Contract
Answer: When is a Contract over
1. Performance
2. By Agreement
3. Frustration
4. Breach
◉ Remedies for Breach of Contract
Answer: 1. Rescind (cancel) the contract
2. Compensation (sue)
3. Seek specific performance
◉ Invitation to treat
Answer: Inviting a person to make an offer that does not have to be
accepted. A suggestion to someone that they should make an offer.
◉ Offer