Rules of Contract Law (AQA A-Level Law): Flashcards

Legally binding agreement between two parties

Intention, offer & acceptance, consideration

Failure to fulfil obligations under agreement

Terms explicitly stated by the parties

Terms not stated but presumed to form part of agreement

Conditions: terminate+damages. Warranties: damages only

Void: never valid. Voidable: can be set aside

Both parties successfully complete obligations

Monetary payment to compensate injured party

Court order requiring party to carry out obligations