Page 801 - SUBSEC October 2017_Neat

UNIT 2
MODULE 2: LAW OF CONTRACT

GENERAL OBJECTIVES

On completion of this Module, students should:

1. understand the concepts which shape the formation and development of the Law of Contract;

2. understand the various legal principles which underlie the Law of Contract; and,

3. develop skills in applying the principles of the Law of Contract to a given set of facts.

SPECIFIC OBJECTIVES CONTENT

Students should be able to:

1. explain the nature of the Law of The nature of the Law of Contract:
Contract;
(a) definition of contractual obligations;
and,

(b) differences from other types of legal
obligations, such as tortious liability
and criminal liability.

2. analyse the legal rules governing The legal rules governing formation of
formation of contracts; contracts:

(a) offer and acceptance;

(b) intention to create legal relations;

(c) consideration; and,

(d) capacity (minors, insane persons).

3. explain the doctrine of privity of The doctrine of privity of contract:
contract;
(a) definition, scope and application; and,

(b) common law and equitable
exceptions.

CXC A23/U2/17 21