The law of contract


Question 1: Consideration should be adequate however need not be adequate. Describe this statement.

Question 2: Outline the law of privity and the effect of the Contracts (Rights of Third Parties) Act 1999.

Question 3: Illustrate the statutory controls of exclusion clauses like under the Unfair Contract Terms Act 1977 and the Unfair Terms in Consumer Contracts Regulations 1999.

Question 4: Differentiate between a commercial contract and a social or domestic contract.

Question 5: Explain what equitable remedies are available when a contract has been breached.

Question 6: Elucidate what an offer is and how it can be terminated. Use cases to exemplify your answers.

Question 7: Explain the different ways a contract can be breached comprising anticipatory breach.

Question 8: Outline the law where one person has undue affect over the other.

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Business Law and Ethics: The law of contract
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