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English Contract Law | 4 Things to remember

By February 27, 2017 September 24th, 2019 No Comments
English contract law

As a law student, your mark will depend on your exam performance. The way you respond to questions and essays determines it all. It is, however, not the same as your knowledge of the law of your state. You need to dig deeper and know all the essential things. You need to put in skills, habits, and techniques that will help you to master everything for a successful examination without having to cram. If you are having trouble in doing that on your own, you need a law tutor in London (or your local law tutor), who will help you reach your goal.

English Contract Law

English contract law involves the rules relating to contractual promises or agreements made which the law will enforce. These agreements can be made between two or more parties. When studying law, the English contract law is an essential topic you should learn. A contract contains an offer, acceptance, consideration and the intention to create a legal relation.

Acceptance

A contract has only been accepted if the acceptance is brought to the attention of the party that made the offer, which implies that both sides have agreed to carry on with the contract and are willing to follow the terms. If one of the parties remain silent and does not respond to the offer, the deal cannot go on without their consent.

Consideration

It is the requirements from both parties. These are the obligations they are expected to carry. Both parties must receive valuable consideration for their performance in the contract.

Terms of contract

A contract can either be oral or written. Mostly, commercial contracts are written so as to keep the records for future references. Oral contracts are not advisable as they can create disputes in terms of enforcement. There should be standard terms that are equal for both parties. Problems can arise if each party decides to come up with their terms since they might not reach an agreement due to lack of clarity.

 

For such and more lessons, it is advisable for you to look for a law tutor. For the best tutorial, visit Advanced Law Tutors, who are among the best law tutors in London and make your learning easier and have a better understanding of the law.