LAW OF CONTRACT

Law of Contract



Law of Contract

Introduction

A contract proposes to formalize an affirmation between two or more parties, in relative to a subject. Contracts can cover an exceedingly very broad range of matters, encompassing the sale of items or genuine house, the periods of employment or an unaligned contractor connection, the town of an argument, and ownership of intellectual property evolved as part of a work for hire. Contract is significant whenever you are dealing with anyone for business purposes or whenever, money is involved. Though, a contract alone would have no value, thus, it demands a law to legally bound two parties to pursue the actions according to the written agreement. English Contract Law has been part of the law to ensure the sophisticated business transaction even behind the courts. In this connection, this study would attempt to apply English Contract Law in a case, in order to find the legal obligations between agreements. However, before applying contract law to the case, it is pertinent to discuss main elements of valid contracts as well as validity factors that validate a contract.

The law of contract which we are going to analyze here is actually the enforcement of promises. Every contract is not enforced by court. For the enforcement of promises, or an agreement court observe some elements. After having a check on these elements, court will prove that agreement as a contract. The contract actually involves a process of certain elements. The process starts from an offer. For the formation of the contract the offer must be accepted, unconditionally. There are certain more requirements for the offer and acceptance. After the communication of acceptance, law needs two other elements as well. One is consideration another is terms of the contract (Brownsword, 2009).

In the UK the law an agreement supported by consideration is not sufficient to create a legally binding agreement, the parties also must intend to create legal relations. Often, the intention to create legal relations is expressly provided by the contracting parties. In other situations, the law implies an intention easily, due to the nature of trade relations between the parties. The presence of consideration is often indicative of the intention to create legal relations, though there may be situations where the presumption of intention to contest, so the determination that no contract and no legal responsibility.

In many agreements, such in the case given (as those between sisters and friends) there is no intention to create legal relations and is not intended that the agreement must be litigated. Family relationships are not an obstacle for the formation of a binding contract, although the establishment of contractual relations, there must be a clear intention on either party to be bound.

Discussion

Sandra is running a dog kennel; in addition to giving dog training classes, she allows a number of customers to keep their dogs there. She has full rights to claim money from people/customers as long as they are not against the ...