PVL3702 Law Of Contract Study guides, Study notes & Summaries

PVL3702 CONTRACT LAW STUDY SUMMARY NOTES. Contract as an agreement intended to create enforceable obligations → A contract is an agreement between two or more parties with the intention of creating enforceable obligations. To constitute an enforceable contract, an agreement must be one which the law recognizes as binding on the parties. → The extra ingredient that distinguishes contracts from non-binding agreements is a serious intention to create legally enforceable obligations (animus cont...