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Paper 3
Contract
AO1s
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Created by
charlotte brown
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Cards (18)
Offer
proposal/promise
definite terms
Invitation to treat
advert
clear indication
Invitation to treat examples
request for information
anyone or anything
come into existence
offeree knows
revoked
saying 'no'
offer ends
revocation
Acceptance
agreement
silence
specific form
autogeneration
postal rule
other circumstances
electronic acceptance
conduct
Consideration
every contract
bargain
not a
gift
2 types
sufficient
not
adequate
value
complaining
/
existing legal duty
past consideration
request
promisee
not necessarily to
promisor
bilateral
/
unilateral
sue
/
sued
pre-existing duty
(
2
)
extra element
/
pay more
part payment
principle
of
accord
/
satisfaction
Intention to create legal relations
no intention
domestic
/
social
rebutted
money
business
rebutted
-
words
letters of comfort
competitions
Privity
party to a contract
exceptions
exclusion clauses
collateral contracts
restrictive covenants
benefit but not party
requirements
(
3
)
Economic duress
voidable
3 elements
definition
unlawful threat
legitimate threat
pressure that
(
3
)
illegitimacy test
(
3
)
additional criteria
(
4
)
lawful threat
lawful pressure
time
remedies
(
2
)
Misrepresentation
voidable
false statement
silence
(
3
)
material fact
party
/
agent
and
induced
unreasonable reliance
Criminal Insurance Act
2012
Consumer Rights Act
2015
fraudulent
negligent
innocent
Performance
complete
and
exact
seperate parts
substantial performance
preventing
a
party
part performance
time
(
3
)
Frustration
prevented
by
unforeseeable interviening event
impossible in fact
illegal
main purpose
self induced
/ in
control
less profitable
foreseeable
remedies
(
3)
Breach
fails
to
perform
actual breach
anticipatory breach
repudiatory breach
renunciation
unlikelihood
/
uncertainty
of
future performance
effect
of
breach
continue contract
mitigate losses
Damages
purpose
nominal damages
wrotham park damages
loss of bargain
market
future profit
reliance loss
restitution
speculative damages
minimise effects
liquidated damages
quantum merit
Injunctions
court orders
prohibitory injunctions
mandatory injunctions
personal service
equitable remedy
(
5
)
Special performance
complete obligations
rarely used
liquidation
equitable remedy
Consumer Rights
short term rights
(
5
)
services
(
2
)
30 days
and
6 months
(
2
)
services
(
2
)
Terms
term
representation
expressed term
included
? -
4
things
importance
specialist knowledge/skill
time lag
written
clear
,
prominent
,
available
Implied terms
implied by either
4
common law
elements
business efficacy
officious bystander
reasonable
/
necessary
intention
of the
contract
strictly necessary
by custom
by prior dealings
statute
statute examples
(
5
)
Types of term
condition
warranty
innominate terms
Exclusion clauses/incorporation
incorporated
signed
/
misrepresentation
as to
content
knowledge
contractual document
attention
clear
,
prominent
,
available
previous dealings
interpreting
the
clause
contra proferentum
red hand rule
Consumer Rights Act 2015
s62
Unfair terms Act 1977