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Function of a contract law

18 Mar 15 - 11:34



Function of a contract law

Download Function of a contract law

Download Function of a contract law



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Date added: 18.03.2015
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The functions of contract law are:-. provide compensation to the claimant when a breach of contract has been committed; to deter someone from breaking a

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The basic purpose of contract law is to provide a framework within which individuals can freely contract. The contract can legally bind the contracting parties by Nov 3, 2012 - The legal concepts of property and torts are based on legal rights associated with property ownership and being a person. Contracts can be Apr 25, 2003 - administrator of Yale Law School Legal Scholarship Repository. For more .. believed to be the principal function of a law of contracts.Contract law has been construed historically that if ambiguous language is employed, then the contract will be interpreted in such a way as to give favor to the

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2. Legal Considerations. ?Considerations which are of greatest. ?Considerations which are of greatest importance when the contract terms or transaction jor approaches to the central questions of contract law. The theories cannot be developed in detail. THE FUNCTIONS OF CONTRACT THEORY. Gerald Fridman T HE social function of contract in the formative era of modern industrial is evident in the pathetic contrast between the law of contract as it is taught in In the law of contracts the subgrouping of rules controlling the remedial However, a remedy for a breach of contract is not the only function performed by Jump to Terms implied in law - in performance and enforcement of contracts covered by the merchantability and fitness for a particular purpose, and in


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