Principles of English Contract Law: Requirements and Clauses

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Added on  2023/02/02

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This presentation provides a concise overview of the principles of contract law, focusing on the essential elements required to form a valid contract under English law. It begins by defining a contract as a legally binding agreement between two parties and then delves into the key requirements such as offer, capacity to contract, and intention to create legal relations. The presentation further discusses how contract clauses are validly incorporated, emphasizing the importance of terms and conditions aligning with legal policies, the use of clear and understandable language, and the inclusion of applicable law in case of disputes. It also highlights the significance of clauses addressing non-performance and associated penalties. The presentation concludes by reiterating the need for parties to incorporate all necessary elements and clauses to create a valid contract under English law.
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Principles of contract law
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Table of content
Introduction
Requirements of valid contract as per the English
law.
Discussion of how contract clauses are validly
incorporated.
Conclusion
References
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INTRODUCTION
Contract law shows the intention of entering into
a legal boundation through an agreement by
parties to contract
The present PPT will include brief discussion
about elements required to make any contract
valid.
Clauses to be included in the contract for
incorporating it validly.
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Requirements of valid contract as
per the English law
Contract:
According to the provisions of English law,
contract is a legal bound between two parties in
order to complete their part of performance.
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Cont..
Requirements of valid contract:
for making any contract valid following
elements are required:
Offer:
Any contract starts after offer is given by the
one party to another.
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Cont..
Capacity to contract:
For making any contract valid, it is required
that all parties to the contract must have
capacity of understanding terms of the
contract.
Law has provided some capacity that needed
to be in the person entering into contract like:
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Cont..
Intention:
Every agreement can't be termed as
contract.
It is the major requirement that parties
entertaining into the contract must have
intention to create legal bound between
them.
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Discussion of how contract clauses
are validly incorporated
For the purpose of incorporating any contract
validly, following conditions need to be fulfilled
by the parties to the contract:
A major clause of a valid contract is that terms
and conditions need to be accordance with the
legal policies of the county.
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Cont..
Contract agreement must be written in the
language which could be easily understand by
both parties.
In case both parties are of different nation,
clause must include the law which would be
applicable on the contract in case of any dispute.
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Cont..
It should contain clauses through which
parties can deny performing their part along
with the penalty to be paid by the party
denying for the performance.
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Conclusion
With the help of above presentation, it can be
concluded that for the purpose of creating any
valid contract, parties to the contract need to be
add all the elements required for a valid contract.
Parties also need to include all the clauses
provided by the English law in the contract for
the purpose of incorporating any contract validly.
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References
Books and Journals
Abdullah, Z. and Bachri, R., 2018, July. Hybrid Contract on Sharia Life
Insurance in Indonesia. In IOP Conference Series: Earth and
Environmental Science (Vol. 175, No. 1, p. 012129). IOP Publishing.
Ashworth, A. and Perera, S., 2018. Contractual procedures in the construction
industry. Routledge.
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