Basic principles of english contract law introduction this guide is arranged in the following parts i formation of a contract ii contents of a contract iii the end of a contract i formation of a contract 1 a contract is an agreement giving rise to obligations which are enforced or recognised by law 2. According to the sam houston state university general principles of contract law include legality intention contractual capacity agreement consideration and genuine consent because the law requires contracts to be recorded shsu regards form as a principle of contract law. Legal purpose a contract may adhere to the above principles but not be legal or binding if it is made for an illegal purpose for example if a small business owner makes a contract to accept an . Principles of contract law concise hornbook series and millions of other books are available for amazon kindle learn more enter your mobile number or email address below and well send you a link to download the free kindle app. Chapter 8 principles of contract law contract law deals with the formation and keeping of promises although aspects of contract law vary from state to state much of it is based on the common law in 1932 the american law institute compiled the restatement of the law of contracts
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