The Basics Of Contracts: How A Contract Is...
Posted in Dispute Resolution on 18th Nov 2019
How is a contract formed?
In this series, James Spargo Litigation Executive (BA Hons, GCILEx) will look at the very basics of contracts. The Clime Associates team are always happy to provide advice on all types of contracts.
There are three basic things needed for a contract to be formed:
Offer and acceptance
Consideration
Intent to create legal relations
Offer and acceptance
Although this is a surprisingly complicated area and there has been a lot of debate among the Courts about when and where an offer is made, for the vast majority of contracts, this...
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