Breach of Contract- Arrangement Between Two or More Parties

BREACH OF CONTRACT
Name of the Student
Name of the University
Authors Note

Introduction
Many authors are of the view
that the main reason of making
a contract is to form an
arrangement between two or
more parties including
individuals, groups or companies
related to a particular subject.
This paper mainly focuses to
discuss a legal issue related to
Law of Contract in the United
Arab Emirates including the
elements of Offer, Acceptance
and Consideration.

Discussion
A contract is considered to be
an agreement which is made
between two or more parties
in order to form mutual
relationship that can be
imposed by law. According to ,
when an agreement is
supported by law it is
considered to be a contract.

Importance of Contract
Many authors state that it is
essential to understand the basic
concept and key elements of a
contract because contracts are
regarded as the heart of every
business transaction.
For example, while buying a loaf of
bread from any shop or
supermarket, people also enter into
a contract of sale.