CAPACITY TO CONTRACT

ELEMENTS OF LAW OF CONTRACT CAPACITY TO CONTRACT Capacity is the ability to incur legal obligations and acquire legal rights. Persons are generally presumed by the law to have the ability to enter into contracts. However, such capacity may be Read More …

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ACCEPTANCE

ELEMENTS OF LAW OF CONTRACT ACCEPTANCE This is manifestation of willingness to contract on the terms of offer. Rules of acceptance Acceptance can be done orally or in writing (expressed) or through conduct (implied). Acceptance is only possible if the Read More …

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LAW OF CONTRACT

LAW OF CONTRACT A contract is an agreement between two parties with the intention to create legal relations. ESSENTIALS ELEMENTS OF A VALID CONTRACT Offer and acceptance Consideration Intention to create legal relations Capacity of the parties Lawful objects Free Read More …

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