70211 Final: CONTRACTS-FULL-NOTES
Document Summary
The (cid:373)o(cid:396)al (cid:271)asis of (cid:272)o(cid:374)t(cid:396)a(cid:272)t is the promise fried (1981). 3 rule-orientated analysis, a style reliant on characteristics associated with the cultural stereotype of man. 4: unidroit principles of international commercial contracts 2004 attempts to develop international principles of contract law. 5 (cid:883): )ntroduction to the law of contract. What is a contract: contracts are defined as an agreement between two parties that can be enforced at law. The contract must be valid and enforceable at law to be legally binding: contracts enable the parties to make the rules it is a mechanism used to define, arrange and regulate a transaction. A cannot get something from b for nothing. There must be an equal, beneficial exchange on a level-playing field under the australian legal system. A cannot enter into such a contract if they are insane/prisoners/bankrupt/under the age of 18 etc.
