Describe the essential elements required for an enforceable contract. Discuss the difference between simple and formal contracts.
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Question:
- Describe the essential elements required for an enforceable contract.
- Discuss the difference between simple and formal contracts. Include examples.
- Consider the problems of frustration and misrepresentation in contract, giving example for each. Be sure to include all areas of frustration and misrepresentation.
- Discuss remedies available in contract, including those from equity. Include any restrictions on accessing equitable remedies.
- Identify the range of business practices encompassed by competition law, and the remedies for any breaches.
- Identify the range of business practices encompassed by consumer law, and the remedies for any breaches.
- Distinguish tort law from crimes, and contractual breaches.
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