UNDERSTANDING CONTRACT LAW
In law, a contract is a legally binding agreement between two or more parties which, if it contains the elements of a valid legal agreement, is enforceable by law or by binding arbitration. A legally enforceable contract is an exchange of promises with specific legal remedies for breach. These can i...
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| Main Authors: | , |
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| Format: | Book Chapter |
| Language: | English |
| Published: |
London
Sweet & Maxwell
2004
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| Edition: | 4th ed |
| Series: | Understanding law
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| Subjects: | |
| Online Access: | Click Here to View Status and Holdings. |
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Add Tag | Summary: | In law, a contract is a legally binding agreement between two or more parties which, if it contains the elements of a valid legal agreement, is enforceable by law or by binding arbitration. A legally enforceable contract is an exchange of promises with specific legal remedies for breach. These can include compensatory remedy, whereby the defaulting party is required to pay monies that would otherwise have been exchanged were the contract honored, or an Equitable remedy such as Specific Performance, in which the person who entered into the contract is required to carry out the specific action they have reneged upon. |
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| Item Description: | Includes index |
| Physical Description: | x, 284 pages 22 cm |
| ISBN: | 0421858508 9780421858503 |
Understanding contract law 
Contract Law 
The Law of contract