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The
law relating to contracts is one of the pillars of the common law system.
An understanding of the basic elements of contract law is thus a critical
pre-requisite for the study of a number of later subjects, including Conveyancing,
Commercial Transactions and Industrial Law.
The
course aims to provide students with an understanding of the basic principles
of contract law which apply to nearly all contracts. In fulfilling this
aim, the course focuses primarily on a study of relevant case law and
statute law. The course covers the elements of formation of contracts,
contractual capacity, terms of a contract, matters affecting consent to
a contract, discharge of contracts, remedies, illegality and privity of
contract.
Special
principles that apply to specific types of contracts are dealt with in
later courses.
The
objectives of the course are:
(a)
to provide students with an understanding of basic principles of contract
law; and
(b)
to develop in students an ability to analyse fact situations and correctly
identify the relevant principles of contract law that are applicable to
the resolution of problems raised by particular factual situations.
ASSESSMENT
Assessment
is wholly by examination. However you will only be eligible to sit
for the examination in Contracts if you have satisfactorily completed
the Committee's course of instruction, including the satisfactory completion
of the assignments.
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