Contract Law: Case Analysis of Contractual Obligations and Remedies

This essay provides a comprehensive analysis of contract law, focusing on various scenarios involving individuals like Eleanor, Hilary, Amy, and Olivia. It defines the contract act and outlines the blueprint of contracts, including essential elements such as offers, acceptance, consideration, legality of subject, and contractual intent. The essay also discusses the relationship between the court system and the English legal system, advising Hilary on the existence of contracts with other parties and detailing available remedies like suing for damage, recession of contract, and suing for specific performance. The conclusion emphasizes the importance of written agreements in avoiding future damages and losses, highlighting the role of contract agreements in enabling courts to make accurate decisions and resolve conflicts effectively. Desklib provides students with access to past papers and solved assignments for further study.

Individual Essay

Table of Contents
INTRODUCTION ..........................................................................................................................2
MAIN BODY...................................................................................................................................3
ESSAY.............................................................................................................................................3
1 Definition of contract act and blue print of contracts...............................................................3
2. Court system relation to English legal system.........................................................................4
3. Advice to Hilary whether contract between it and other parties such as Eleanor, Amy and
Olivia .......................................................................................................................................5
4. Various remedies that are available to different parties..........................................................5
REFERENCES................................................................................................................................7
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·INTRODUCTION
Government has made various rules and regulation in order to protect people or residents
of country form various fraud conducted by businesses for earning more profit margin. Contract
law is one among them that helps in resolving conflict between two parties which may occur in
future circumstances. Companies need to have written contractual agreement in order to avoid
confusion and conflict and promote smooth operation of business. This report is an essay based
on case study of various individuals such as Eleanor, Hilary, amy and Olivia. So, it describe
about contract law, whether the contract binds each of the parties or not and several remedies
that are available to parties.
·MAIN BODY
·ESSAY
·1 Definition of contract act and blue print of contracts
Contract is written or verbal promise made by one party to other to accomplish
particular task and activities in specific manner in exchange of something. Parties that are
involved in contract needs to agree with each other on terms and condition for legal
implementation of law. In the contract one person make offers to another to purchase particular
thing at specific rates which is in return agreed by another individual to pay specific amount
(Stewart, Swain and Fairweather, 2019). It is most essential in business deals to avoid losses as
it determined rights, roles and responsibilities of each individual . Therefore, it can be stated that
contract is legal agreement made between two or more interested parties to complete specific
task for exchange of money.
Blue print helps in describing each element that are included in contractual agreements which
need to be abided by two parties. Such as:
Offers: The first and foremost that is required for valid contract between two parties is offer or
proposal by one individual to another to purchase specific products at particular prices. The main
objective or intention of giving proposal was to enter individual into legal contract such as in
first case Hilary offers to Eleanor printing press at £15000, office computer to amy at £1000
and at grand summer sales Hilary said that it would like to give painting of famous artist,
Trumpter at £1 to the first customers that enters in its gallery.

Acceptance: It can be stated that a contract cannot be legal bided until and unless it has been
accepted by parties that are involved in contract (McMeel, 2017). Therefore, without mutual
consent contract will be considered invalid like in case of Hilary and Eleanor that had been no
agreement between them to pay at specific rates that is £13000 or £10000. At the same time in
case of Hilary and Olivia there were no agreements that it would sell famous artist painting at
£1.
Consideration: It is another element of legal contract which stated that both parties are
interested in giving something in value to each other. For examples in case of Hilary and Amy,
It have been noticed that Hilary was ready to sell its office computer at £1000 to amy at the same
time it is also ready to pay specific amount.
Legality of subject: It can be stated that contract need to be subject to legal purpose and abide
to statutory rules and regulation for valid contract. Like, there has been only legal contract
between Amy and Hilary in above mention three case study (Navas-Loro, Satoh and Rodríguez-
Doncel, 2018).
Contractual intent: It means both parties should be interested to make contract such as in case
of Hilary and Olivia, Eleanor there has been no intention of both parties to enter into legal
contract.
l壱2. Court system relation to English legal system
Legislator is mainly responsible for creating all legal law and regulation of country for
growth and prosperity of economic and better lifestyles of individuals. It can be stated that most
importantly all laws are acts of parliament. House of lords and house of commons are two main
parts of UK parliament that are responsible for making all rules and regulation for country for
peace. There are 650 members as MP in house of commons that are elected by highest number
of votes received by particular individuals. On the other hand in house of lords that are nearly
800 peers that appointed on recommendation of prime minister (The Legal System of the United
Kingdom, 2019). It can be stated that any major decision taken by house of lords will bind all
other lower courts in UK. Court of appeal that is for civil division that is also bound by decision
of House of lords similarly its decision are bind to country courts and High court. Therefore, it
can be understood that all four parties in order to resolve conflict related to contract can easily
approach to country court and if not satisfied with its decision can approached to court of appeal
that belong to civil division as all conflict are related to civil cases and if they are also not

satisfied at this stage may went to high courts that is final authority to take all crucial decision to
resolve conflict and find appropriate solution.
l壱3. Advice to Hilary whether contract between it and other parties such as Eleanor, Amy and
Olivia
It can be illustrated from above analysis and discussion that contract exist between two
parties that Hilary and Amy whereas there is no legal contract between other parties such as
Eleanor and Olivia. For examples:
In case of Hilary and Eleanor: Hilary is an individual that is interested in selling its printing
press at £15000 so it has advertisement in specialist trade journal so that individual interest in
purchase can accept the offered made. Eleanor is another individual which likes to purchased at
£10000. So, Hilary replied that it is ready to sell last at £13000 but no response has been
received from Eleanor Hilary agree to sell at £10000 now Eleanor is not interested to buy it
therefore there was no contractual agreements between them to exchange products (Andrews,
2016).
In case of Hilary and Amy: It can be stated from above case study that Hilary has agreed to
sells its office computer at £1000 at the same time Amy by sending letter has agreed to pay
specific amount in exchange of computer. But before it has received computer she has changes
its mind to purchase so it is breach of contract so it has to pay damage or any type of loss
occurred to Hilary in order to delivery computer at its address.
In case of Hilary and Olivia: It is case in which Hilary has stated that it would likes to sells
famous artist painting to individual that will come first at its store at rate of £1. Olivia was one
of the individual that have waited two days outside shops before sales was started but before it
have entered into stores Hilary stated that painting have been sold. So, there was no mutual
agreements between two parties to sells or purchase at specific rates therefore it can be stated
that there is no binding contract exist between Hilary and Olivia.
l壱4. Various remedies that are available to different parties
There are few remedies that can be avail by different parties such as Eleanor, Amy,
Olivia and Hilary in case any harm, damage have been caused to others parties. There are
numerous remedies that are available for resolving various conflict which can be illustrated as
follows:

Sue for damage: It is one of the best option that can be used by parties to get specific amount of
money for damage caused or it is type of compensation for loss that have been caused to any of
the party involved in contract. Such as in case of Hilary and Amy, it have been analysed that
Amy have sent letter which stated that she is agree to buy computer at £1000 but before delivery
she faxed another letter to ignored the first one (Honigsberg and et.al, 2020). So, it is breach of
contract that have been caused by Amy to Hilary so it has to pay all expense or cost that Hilary
have incurred in case of delivery of computer to Amy.
Recession of contract: It is another option that can also used as remedies by various parties in
case one of the person fails to fulfil its obligation then another person have also right to rescind
contract or refuse performance of his obligation. Such as If Amy has refused to purchase office
computer at £1000 then Hilary should not fulfil its promise or commitment to provide computer.
Sue for specific performance: There are certain case in which court order individuals to carry
out its duties and obligation as per agreements so that no harm and damage can be caused to
other individual (McMeel, 2017). Therefore, it can be stated that courts order person to perform
specific task. But there is no such case where courts have to enforce parties to perform task as
per agreements as no huge loss is caused to Hilary in three of the above cases discussed.
CONCLUSION
It can be concluded from above report that enterprise need to make written agreements
in order to avoid damage, loss in future circumstances. Contract agreements helps courts to take
accurate decisions to resolve conflicts so that each individual may be satisfied and happy and no
harm can be caused to other.

·REFERENCES
Book and journals
Andrews, N., 2016. Sources and General Principles of English Contract Law. In Arbitration and
Contract Law (pp. 165-175). Springer, Cham.
Bellantuono, G., 2017. Contract law and regulation. In Comparative Contract Law. Edward
Elgar Publishing.
Honigsberg, C and et.al, 2020. State contract law and the use of accounting information in debt
contracts. Review of Accounting Studies, pp.1-48.
McMeel, G., 2017. Foucault’s Pendulum: Text, Context and Good Faith in Contract
Law. Current Legal Problems, 70(1). pp.365-397.
Navas-Loro, M., Satoh, K. and Rodríguez-Doncel, V., 2018, November. Contractframes:
Bridging the gap between natural language and logics in contract law. In JSAI
International Symposium on Artificial Intelligence (pp. 101-114). Springer, Cham.
Stewart, A., Swain, W. and Fairweather, K., 2019. Contract law: principles and context.
Cambridge University Press.
Online
The Legal System of the United Kingdom, 2019, [Online]. Available
Through:<https://www.cilex.org.uk/about_cilex/about-cilex-lawyers/what-cilex-
lawyers-do/the-uk-legal-system>.
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