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CONTRACT LAW

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
CONCLUSION:...............................................................................................................................9
REFERENCES..............................................................................................................................10

INTRODUCTION
Contract law refers to the body of law which is mainly imposed in respect of securing the
rights of the parties during entering into any contract. To enter into the contract, it carries various
essential such as parties must be competent to handle the contract, or they mutually agree with
all the terms and conditions, the agreement must be based on some consideration and also in case
of breach committed by any of the parties, the valid condition are imposed in respect of
compensation paid to plaintiff by the defendant (Beale and et.al., 2019). In this essay report, the
case is relating to facing damages either through mental distress in respect of breach committed
through any of the transaction.
MAIN BODY
Contract laws are mainly applied in respect of securing the rights and valuable things of
the parties in relation to entering into any agreement which is legally bound on parties to follow
it. As all agreements are formed to be the part of the contract but all contract are not agreements.
To enter into the parties there are certain and condition which the parties are bound to follow it
and then only it results to be the valid contract (Knapp, Crystal and Prince, 2019). In relation to
valid contract, the parties must be competent to handle the contract and also all the terms and
condition are mentioned under the contract regarding dealing in particular activity. The contract
is valid if it is based on some consideration money or exchanges of some valuable things.
In English contract various terms and conditions are mentioned under the contract
applicable law, 1919 in which it is legally enforceable upon the law regarding meeting and
achieving the objectives which is decided by the parties before entering into the contract. In this
essay the description is undertaken regarding the overview of the contract law. It also examines
the damages which is faced by the parties regarding breach in any of the conditions which is
mentioned in the contract. The issues are committed regarding not following the terms and
condition which is decided by both the parties when they are legally bound to follow the
agreement.
In respect of undertaking the matters which is related to doctrine of contract law is
relating to the legal principles which is mentioned in contract that it is bound upon the parties
who enter into the agreement. As this is one of the basic principle of the contract law that no
other parties can sue who not enter into the contract as the terms and condition are legally bound

upon the parties who enter into the contract. Thus, in case of doctrine of privity of contract, this
is mainly imposed in respect of the securing the right of third person who is not the part of the
contract (Austen-Baker, 2017). As the rules which are mentioned under the contract act is not
bound upon the parties who not enter into any of the agreement with any of the parties. In
context of rules which is mentioned under the contract law is that the contract is carried with the
agreement which is made between the parties, and they are legally bound to follow it till the set
completion of date. The rule of contract law is said that when two or more person entered into
the business they signed the agreement regarding following the terms and conditions.
In respective of undertaking the principles of contract, it carries various perspective such
as in case of agreement if one party offers some valuable things to another party and in return the
another party accepts such offers, they agree to enter into the agreement in exchanges of some
valuable things or consideration. Consideration mainly refers to the promise which is made by
parties regarding following the agreement in better way. The another principal states that both
the parties are competent to handle the matters in right matter as the person are exempted under
the contract who not attains the age of majority or who is mentally of physically challenged in
accomplishing the contract or the person convicted by court regarding committing any such
offences.
In terms of contract, consent between the parties is necessary regarding taking any
actions such as in case of facing any issues regarding contractual negotiation, this decision is to
be agreed between both the parties (Zhang, 2019). The consent is to be undertaken in respect of
breach committed by any of the terms which is mentioned in contract. The issues relating to the
under influences or mistake or misrepresentation is identified that the compensation is already
decided by the parties who committed breach with other party. This is supported with the case
study of the Robinson v Harman (1848) 1 Ex Rep 850 in which the matters stated with the losses
of damages in respect of not completing the contract as per the decided facts. As the rule is
imposed in contract regarding not performing the contract than it is the duty of the plaintiff to
demand compensation for the damages which they occurred in respect of not performing the
contract (4 0 1 . R O B I N S O N V H A R M A N ( 1 8 4 8 ) 1 E X 8 5 0 , 2 0 1 8 ) .
In context of the contract issues which occurs through not familiar with the facts which is
mentioned in the contract or also manipulating any of the information or the terms which is the
basic priority of the parties to understand it. The issues also raised in respect of not keeping the