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Contract law is considered one of the chief divisions of legal studies and students who have been pursuing legal studies are required to know about different aspects that are related to contract law where they are needed to prepare assignments on the contract law case study. Before students start working on the mission of preparing their work, they are required to dig deeper into the concepts of contract laws. Hence, in this situation, the finest option seems to them is taking Contract Law Case Study writing help from none other than the skilled writers of BookMyEssay.

An Overview of Law of Contract Case Study

It is defined as an agreement between a couple of or more than two parties for proposing a service, proposing an item or get committed to an act and it is enforceable by law. This is recognized as an expressed agreement that consists of 6 components that turn it into a lawful and binding document. The laws of contract case studies state that for upholding an agreement, it should consist an ideal proposal, acceptance, the intention of parties, and consideration for enforcing the contract objects and capacity.

Acceptance is defined as a component that comprises the other party’s agreement to the proposal which is presented. And, consideration is meant the mutual interest, like money which gets exchanged between the concerned parties. According to the law of contract, when a contract is valid then the parties included should meet the criteria of age besides possessing a sound mind.

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The Types of Contracts

Based on the features of a contract which is made between parties, you can classify contracts in the following classes:

Bilateral contract – This is the most common type of contract and it includes a couple of parties and here, they oblige mutually to specific promises.

Unilateral contract – This contract is referred to as those lawful agreements where only a party does promise a service or a performance and the other accepts the proposal.

Contracts under seal – It is referred to as the contemporary contract that accompanies a sanctioned seal. In a few nations, a contract remains valid and becomes enforceable when it carries a court of law’s seal.

Express contract – This contract is referred to as the mutually stated agreements and here, the promises and contracts are stated to one another explicitly minus any evidence of documentation.

Aleatory contract – This is referred to as every mutual agreement that gets implemented for a few uncertain and unforeseen events. In these contracts, the involved parties undertake some risks and the highly common instance in this regard is called insurance contract.

Implied contract – This contract is referred to those set of contracts where both parties agree to the duties and responsibilities and show their intention to get into a legal contract.

Adhesion contract – Here, one party does take the benefit of the higher bargaining power and these get implemented by influential people or major businesses. In the adhesion contract, the meeker party gets very little to say in the contract formation.

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The things that students be aware of

The term “contract” is referred to the agreement which is found in a written form and it comprises the following compounds:

  • Introduction clauses or provisions.
  • Defining the parties as well as key terms.
  • Obligations of the parties.
  • Statement of purpose.
  • Warranties and assurances.
  • Signature block.

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