Question: A contract forms when one person makes an offer, and another person accepts it by communicating their assent or performing the offer's terms. If the
A contract forms when one person makes an offer, and another person accepts it by communicating their assent or performing the offer's terms. If the terms are certain, and the parties can be presumed from their behaviour to have intended that the terms are binding, generally the agreement is enforceable.
While agreement is the basis for all contracts, not all agreements are enforceable. A preliminary question is whether the contract is reasonably certain in its essential terms, such as price, subject matter and the identity of the parties. Critically discuss why certainty in an essential element in any bona fide agreement. You must in addition to other requirements discuss a minimum of 5 case laws on the issue at hand as well as outline the facts of each mentioned case as it relates to the issue. Total 30 marks
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
