LAW2CTA Contracts Law A, full notes

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Full notes for LAW2CTA. Save a bunch of time, perfect for revision and exam. Topics Covered: OFFER & ACCEPTANCE Features of an offer Auctions Tender System Battle of the forms Last shot Method Higher Status Doctrine Global or synthesis approach INTENTION TO CREATE LEGAL RELATIONS Social & Domestic Setting Letters of comfort Government Agreements Promotional offers CAPACITY Minors Mental Capacity CONSIDERATION Past consideration Exceptions Deeds COMMON LAW & EQUITABLE ESTOPPEL Common Law Estoppel Estoppel in pais Promissory Estoppel Proprietary Estoppel CERTAINTY AND COMPLETENESS. EQUITABLE REMEDIES AS COMPENSATION Agreements to negotiate in good faith Essential terms of a contract Agreements subject to contract Doctrine of part performance EXPRESS TERMS Incorporation of terms Signature Rule Incorporation by Notice Incorporation by Prior Dealings Parol Evidence Rule & exceptions Collateral Contracts & third parties Representations IMPLIED TERMS Page 53 Efficacy Implication by common law or by statute Implication by custom, usage in a particular trade industry or locality. CONSTRUCTION AND INTERPRETATION OF CONTRACTS Page 63 Process of construction Process of interpretation Parol Evidence Rule DISCHARGE OF CONTRACTS Discharge by performance Discharge by agreement Discharge by breach committed by one or more parties Discharge by frustration DISCHARGE BY AGREEMENT Discharge by abandonment. Invoking a contractual term within the original agreement Subsequent agreement. FRUSTRATION Types of contracts that apply frustration The effect of a supervening event Repudiation .Examples of Frustrating events Destruction of subject matter Contracts for personal service Commercial impracticability Failure of a condition Frustration by operation of law Effect of frustration