Law of Contract - Case Study Example

Albert did install the piping and the dishwasher but his breach of contract came through the fact that he did not perform the installation in a competent manner.... The main claim against Superelectrics Limited will be for a breach of contract under the Sale of Goods Act, 1979.... This implies into the sale of contract (in this case the acceptance of money from Melinda by the shop in return for the dishwasher) that "the goods will be of satisfactory quality" and that "where expressly or impliedly known by the supplier, the foods will be reasonably fit for the buyer's purposes" (Sale, 1979)....

Under English law, undue influence is a reason for rescinding a contract if it can be proved by the victim.... But it need be undue influence or through duress for a contract to be set aside.... So it can be said that unless undue influence existed and the same is proved by the wronged party, there is no recourse and a contract is valid.... It can occur between a husband and wife, between a company and a customer or in any instance where two parties form a partnership, contract, friendship or marriage....

Therefore, the defendants were held liable to pay £100 to the plaintiff since there was a legally binding contract.... Once this offer is accepted, an agreement is created.... But there are certain essentials as to what constitutes a valid offer.... There is a fine line that separates a valid offer… An invitation to treat is merely an indication of willingness to trade or begin negotiations....

For a contract to be considered legally binding, all the six elements of a contract must be present.... This involves the soundness of mind as well as legal age for a person entering into a contract.... The law does not recognize a contract formed with a minor.... The sixth and the final element entail legality of the contract.... In addition, the study will provide a clear summary of common law and equity as well as law and /facts relating to case....

To understand how this action… According to the Law of Contract, a valid contract must involve an exchange of consideration on both sides.... In agreements by parol, consideration In case of a valid contract between two parties, both the parties must be a promisor as well as a promisee.... This means that both must gain as well as lose something as a result of the transaction made under the terms of the contract.... In the case of a contract for providing some services, consideration for the service provider is the receipt of payment whereas for the client, the consideration is the service rendered by the service provider....

The author of the paper titled "The Doctrine of Consideration as a Key Determinant in the Law of Contract" tries to understand the dynamics of Lord Goff's statement examining the origins of the doctrine of consideration and its evolution over the years.... nbsp; The doctrine of consideration is a key determinant in the Law of Contract....  The underlying rationale for the requirement of consideration in the Law of Contract is predicated on the theory that each party to a contract will give up something of value in exchange for a benefit....

The question of the "Law of Contract: Case Law" paper is, if there is a promise made by one party to do something, parallel to the main contract, to another party, then what will be the consequence of the performance of that pre-existing duty and how does the law consider the same.... The contract consists of an actionable promise and promises.... An offer is an indication by one party, offeror of a willingness to enter into a contract with another party, offered on some specific terms....

This work called "The Law of Contract" describes valid explanations of what an offer, an invitation to treat, acceptance, consideration, and Promissory Estoppel are, as well as the rules and procedures applicable to them.... The author outlines rules of consideration, some business situations, the main aspects of the contract agreement.... hellip; This is an open expression of willingness to contract that is often made with the sole intention of becoming binding on the offeror once the offeree accepts it (McIntyre 2008, pg....