6781 Final: Obligations Notes & Study Guide
31 Jul 2018
School
Department
Course
Professor
Document Summary
Chapter 2: the place of contract within private. The law of obligations is concerned with the obligations owed by individuals (including legal entities, such as corporations) to one another. The law of obligations comprises the fields of contract, tort and restitution (unjust enrichment), along with other categories. Competition and consume act 2010 (cth) is an important statute source of obligations owed by individuals to one another. Contract obligations that are owed to contracting parties are self-imposed. Obligations private law obligations imposed by law. In the law of obligations, the relevant legal rights are private" in that they are enforceable by the individuals who are recognised as holders of the relevant rights. An umbrella term for contract, tort and restitution. Concurrent liability when the plaintiff is provided with actions both in contract and in tort against a particular defendant. The plaintiff cannot do both and so commonly chooses to pursue the option which is more advantageous.
