Lecture Notes
A contract is a legally enforceable agreement which has one or more promises in its contents.
The promise must have an indication of commitment, rather than plan you will do x or y promise.
Involving promises explains why one is liable to perform the promise upon entering into the contract,
you don’t need reliance from the other of the contract. Promises also explain why impaired consent,
like duress may release parties from liability.
Problem (In non legal Doctrines set of rules that adres problem When we study
terms)
Has there been agreement? contract formation requirements - offer, acceptance, week 2 week 3
Which agreements / certainty and inten. to create legal rela.// lectures 3-7
promises are enforceable? ‘consideration’
What has been agreed or rules on the terms: incorporation of terms is the topic week 4 lectures 8-10
promised? in the terms, interpretation of the terms, implied terms
of contract and fulfillment of them, mistake as to terms
Is it fair to hold the parties to Control of fairness of terms, how fair the promises are.
their agreements or Vitiating (rendering terms or the contract faulty) factors
promises? including mistakes as to fact or identity,
misrepresentation, duress.
Has the parties fulfilled their Discharge or performance of contract week 8
agreements?
What are the consequences remedies or compensation, damages or injuctions weeks 9-10
of not fulfilling contract?
Not studying special contracts like employment leases insurance and consumer credit.
1
A contract is a legally enforceable agreement which has one or more promises in its contents.
The promise must have an indication of commitment, rather than plan you will do x or y promise.
Involving promises explains why one is liable to perform the promise upon entering into the contract,
you don’t need reliance from the other of the contract. Promises also explain why impaired consent,
like duress may release parties from liability.
Problem (In non legal Doctrines set of rules that adres problem When we study
terms)
Has there been agreement? contract formation requirements - offer, acceptance, week 2 week 3
Which agreements / certainty and inten. to create legal rela.// lectures 3-7
promises are enforceable? ‘consideration’
What has been agreed or rules on the terms: incorporation of terms is the topic week 4 lectures 8-10
promised? in the terms, interpretation of the terms, implied terms
of contract and fulfillment of them, mistake as to terms
Is it fair to hold the parties to Control of fairness of terms, how fair the promises are.
their agreements or Vitiating (rendering terms or the contract faulty) factors
promises? including mistakes as to fact or identity,
misrepresentation, duress.
Has the parties fulfilled their Discharge or performance of contract week 8
agreements?
What are the consequences remedies or compensation, damages or injuctions weeks 9-10
of not fulfilling contract?
Not studying special contracts like employment leases insurance and consumer credit.
1
