Features of Valid Contract
Features of Valid Contract can be clearly known under the heads Consensus ad idem, Certainty, Free Consent, Capacity of Parties, Consideration, Legal Formalities, Lawful Object, Legal Obligations, Possibility of Performance…
Types of Contracts on the basis of Nature of Consideration
On this base, Contracts are of two types. Namely Bilateral Contracts and Unilateral Contracts. Bilateral Contracts: If considerations in both directions are to be moved after the contract, it is called…
Kinds of Agreements in Business Law
1. Common Business Contracts2. Kinds of Agreements in Business LawThere are several kinds of agreements in business law, some of which are a part of normal business operations and others…
Legal Rules Regarding Consideration
Enforcing any legal contract requires it to have an element of consideration included in it. In simple words, it is nothing but a price that the promisee agrees to pay…
Autonomous Vehicles, Software and Product Liability: Have the Law Commissions Missed an Opportunity?
Whether the Consumer Protection Act 1987 (CPA) applies to software is a topic of considerable uncertainty. Since the 1980s practitioners and scholars have debated whether the European product liability regime…
A No-Deal Brexit? British Businesses May Get a Good Deal under a UK-China Free Trade Agreement
British businesses face a dilemma regarding Brexit. Leaving the European Union (EU), tariffs and duties will be imposed on British exports to the single market and cross-border trade in services…
Cheating Pays
Theories of private ordering tend implicitly to talk about opportunism as undifferentiated wrongs. But the reality is that cheating comes in different packages. On the one hand, we have the…
The (W)hole Story: On the Origin of Gaps in Commercial Contracts
Through choice-of-forum provisions such as arbitration clauses or court selection clauses, contractual parties have the opportunity to determine where and how their disputes should be solved ex ante. They appear…
