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Contract Law and International Maritime Treaties

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Added on  2020-04-21

Contract Law and International Maritime Treaties

   Added on 2020-04-21

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Running head CONTRACT LAW AND INTERNATIONAL MARITIME TREATIESCONTRACT LAW AND INTERNATIONAL MARITIME TREATIESName of Student-Name of University-Author note-
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1CONTRACT LAW AND INTERNATIONAL MARITIME TREATIESTable of ContentsAnswer 1....................................................................................................................................2Answer 2....................................................................................................................................4Answer 3....................................................................................................................................5Bibliography:..............................................................................................................................8
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2CONTRACT LAW AND INTERNATIONAL MARITIME TREATIESAnswer 1Issue:In the given case the issue is whether damages can be claimed by Rocktrades fromShifters for breach of the contract, which was made between them.Relevant rule:The given case attracts the law of Contract prevailing in the United Kingdom, as bothof the Companies, that is, Rocktrades and Shifters are based in the United Kingdom.According to the Contract Law of the United Kingdom, there are two types of contract terms-implied and expressed terms of contract1. The party making the offer of a contract must statethe terms and conditions of contract clearly, without leaving any doubts or ambiguity, whichmust be understandable and clear to the other party2. The law also states that when one partysigns a contract it is deemed that he/she has signed the same after carefully going through thewhole written contract and such party cannot claim any damages from the other party byreason of not reading the contract before signing3. In addition, a contract must contain theelements of a valid contract, including the intention of the parties to form a lawful contract.1McKendrick, Ewan.Contract law: text, cases, and materials. Oxford University Press (UK), 2014. 2Chirelstein, Marvin.Chirelstein's Concepts and Case Analysis in the Law of Contracts, 7th (Concepts andInsights Series). West Academic, 2013.3 Chen-Wishart, Mindy.Contract law. Oxford University Press, 2012.
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