Elements of the Law of Contract

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Elements of the law of contract

Catharine MacMillan Richard Stone

2009
LLB 2650040 Diploma in Law 2690040

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This subject guide was prepared for the University of London External System by:

University of London External System

Catharine MacMillan BA (Victoria) , LLB (Queen’s, Canada), LLM (Cantab), Lecturer in Law, School of Law, Queen Mary, University of London and Richard Stone LLB (Soton), LLM (Hull), Barrister, Professor and Head of Law, Lincoln Law School, University of Lincoln. In the 2004 edition of this guide Catharine MacMillan was primarily responsible for Chapters 1–2, 4–5, 7–8, 10–14 and 16–17. Richard Stone was primarily responsible for Chapters 3, 6, 9 and 15. Catharine MacMillan was responsible for the 2009 revision. This is one of a series of subject guides published by the University. We regret that owing to pressure of work the authors are unable to enter into any correspondence relating to, or arising from, the guide. If you have any comments on this subject guide, favourable or unfavourable, please use the form at the back of this guide. Acknowledgements Figure 15.1 has been reproduced by kind permission of: Figure 15.1: © Illustrated London News Picture Library. Photographs © C. MacMillan, 2003

Publications Office The External System University of London Stewart House 32 Russell Square London WC1B 5DN United Kingdom www.londonexternal.ac.uk Published by the University of London Press © University of London 2009 Printed by Central Printing Service, University of London Design by Omnis Partners, Cumbernauld All rights reserved. No part of this work may be reproduced in any form, or by any means, without permission in writing from the publisher.

Elements of the law of contract

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Contents
Chapter 1 Introduction and general principles . . . . . . . . . . . . . . . 5 Part I Requirements for the making of a contract . . . . . . . . . . . . . . . . 19 Chapter 2 Offer and acceptance . . . . . . . . . . . . . . . . . . . . . 21 Chapter 3 Consideration . . . . . . . . . . . . . . . . . . . . . . . . . 39 Chapter 4 Other formative requirements: intention, certainty and completeness . . . . . . . . . . . . . . . . . . . . . . . 53 Part II Content of a contract and regulation of terms . . . . . . . . . . . . . . 63 Chapter 5 The terms of the contract . . . . . . . . . . . . . . . . . . . 65 Chapter 6 The regulation of the terms of the contract . . . . . . . . . . 79 Part III The capacity to contract – minors . . . . . . . . . . . . . . . . . . . . 95 Chapter 7 Contracts made by minors. . . . . . . . . . . . . . . . . . . 97 Part IV Vitiating elements in the formation of a contract . . . . . . . . . . . . 105 Chapter 8 Mistake . . . . . . . . . . . . . . . . . . . . . . . . . . . . 107 Chapter 9 Misrepresentation . . . . . . . . . . . . . . . . . . . . . . . 127 Chapter 10 Duress and undue influence . . . . . . . . . . . . . . . . . 139 Part V Who can enforce the terms of a contract? . . . . . . . . . . . . . . . . 151 Chapter 11 Privity of contract . . . . . . . . . . . . . . . . . . . . . . 153 Part VI Illegality and public policy. . . . . . . . . . . . . . . . . . . . . . . . 171 Chapter 12 Illegality . . . . . . . . . . . . . . . . . . . . . . . . . . . 173 Chapter 13 Restraint of trade. . . . . . . . . . . . . . . . . . . . . . . 183 Part VII The discharge of a contract . . . . . . . . . . . . . . . . . . . . . . . 193 Chapter 14 Performance and breach . . . . . . . . . . . . . . . . . . . 195 Chapter 15 Frustration . . . . . . . . . . . . . . . . . . . . . . . . . . 207 Part VIII Remedies for breach of contract . . . . . . . . . . . . . . . . . . . . 221 Chapter 16 Damages . . . . . . . . . . . . . . . . . . . . . . . . . . . 223 Chapter 17 Equitable remedies. . . . . . . . . . . . . . . . . . . . . . 239 Feedback to activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 249

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University of London External System

Chapter 1 Introduction and...
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