Journal Entry: Contract Law - Frustration, Illegality, and Impact

This journal entry reflects on the student's understanding of contract law concepts, specifically focusing on frustration and illegality. The student demonstrates comprehension of frustration as an event beyond party control that terminates a contract, including examples like destruction of subject matter and government intervention. The entry outlines situations where the doctrine of frustration does not apply, such as self-induced frustration and foreseeable risks. Furthermore, the student discusses the concept of illegality in contracts, its implications, and the impact of this knowledge on personal and professional development. The student reflects on the distinction between contracts that are void, illegal, or unenforceable, and how this understanding will improve their awareness when making contracts. The journal entry also provides classifications for contract illegality, including contracts void by statute and at common law, and concludes with an evaluation of the pros and cons of these concepts on the student's work-life balance, supported by cited references.

Journal Entry

Table of Contents
MAIN BODY...................................................................................................................................3
REFERENCES................................................................................................................................5

MAIN BODY
As per the understanding of the contract, i have understood the concept of frustration
which is having the creation of a particulate contract have formations beyond the control of the
either party. In addition to that it makes proper level of obligation of the party under which the
contract is considered to be possible as there is requirement of legal formulation of contract. The
key this I have understood that the number of event which can have the terminations of contracts
at immediate basis are such as the destructive subjective matter's almost with non occurrences
offers which have the basic formation of contract1. After the two weeks learning, I came to know
that as per the intervention of government along with non availability of thither party due to the
death, illness or other circumstance can lead to clear level of termination of contract. On the
other hand i have gained more related information regarding number of situation where the
doctrine cannot have is applicability. The situation are i) Self-Induced Frustration; ii) Contract
more onerous to perform; iii) Foreseeable risk.
This valuable knowledge will be helpful for me in more particular way to have the clear
understanding regarding the various norm which are considered to be importation aspects which
is needed to be keep into consideration before entering into the particular contact. I have
understood more important concept that is the inclusion of level of illegality as the types of
contract that have been declared illegal are not only numerous but also quite diverse in character.
As per the learning of two weeks, I have contributed in my personal developmental as better
understanding in relation to contracts being ‘illegal’ or ‘void’ or ‘unenforceable’ which was not
clear to be before. In the professional development, I have added as level of complication which
is related to overtimes in both common law and statute law which issued to have rendering to
different types of the contract illegality2.
This is resulted me as aid to make contract with more level of awareness as these areas
has been identified as heavily influence by the public policy. This learning has the clear level of
implication of over my life regarding having critical point of view in terms of major involvement
1 Beale, H. and et.al., 2019. Cases, materials and text on contract law. Bloomsbury
Publishing.
2 Knapp, C.L., Crystal, N.M. and Prince, H.G., 2019. Problems in contract law: Cases and
materials. Aspen Publishers.

of illegality and frustration This is will be a key consideration which is involved in personnel
development along with professional one3. As per the impacts of profession work, I have
evaluated that the is possible to have the proper level of outbalancing the are down in order to
have the classifications into four groups that as can be such as Contracts void by statute;
Contracts declared illegal by statute; Contracts void at common law; Contracts illegal at common
law. So at last, i have developed a clear understanding in relation to related of pros and cons
which will be effect the profession and personal work life balance4.
3 Smits, J.M. ed., 2017. Contract law: a comparative introduction. Edward Elgar
Publishing.
4 Adriaanse, M.J., 2016. Construction contract law. Macmillan International Higher
Education.

REFERENCES
Beale, H. and et.al., 2019. Cases, materials and text on contract law. Bloomsbury Publishing.
Knapp, C.L., Crystal, N.M. and Prince, H.G., 2019. Problems in contract law: Cases and
materials. Aspen Publishers.
Smits, J.M. ed., 2017. Contract law: a comparative introduction. Edward Elgar Publishing.
Adriaanse, M.J., 2016. Construction contract law. Macmillan International Higher Education.