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Contract Law
When someone does not follow an agreement, it is called a "breach of contract" and contract laws allow you to take the problem to court.
Edited at 2020-10-10 11:39:17- Mind Map Kingdom
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Contract Law
- Mind Map Kingdom
Mind maps are a great resource to help you study. A mind map can take complex topics like plant kingdom and illustrate them into simple points, as shown above.
- Team Communication Strategies
Mind maps are useful in constructing strategies. They provide the flexibility of being creative, along with the structure of a plan.
- Types of Vitamins
Vitamins and minerals are essential elements of a well-balanced meal plan. They help in ensuring that the body is properly nourished. A mind map can be used to map out the different vitamins a person requires.
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- Outline
Contract-Law-Mind-Map
INTRODUCTION
An agreement enforceable by law
An agreement which is legally bindingbetween the parties
In Malaysia, the governing legislationis CONTRACT ACT 1950.
CREATE LEGAL RELATION
The parties must have intended theiragreement to have legal consequences.The law will not concern itself withpurely domestic or social agreements.
CERTAINTY
The terms and conditions must beclear in meaning. When the terms arevague it is difficult for the courts toconstrue what in actual fact wasagreed by the parties and what arethe obligations and duties arisingfrom such terms.
LEGAL CAPACITY
Parties entering contract mustcompetent/ have legal capacity tocontract.
Section 11 of Contracts Act 1950:
A person is competent to a contractis
Of the age of majority according tolaw
Of sound mind
Not disqualified from contracting byany law
ACCEPTANCE
When the party accept the offerfrom offeror
the acceptance can be make in word(express) or by other than word(implied)
CONSIDERATION
Both parties must have providedconsideration, ie, each side mustpromise to give or do something forthe other.