Principles of English Contract Law: Requirements and Clauses
VerifiedAdded on 2023/02/02
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Presentation
AI Summary
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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