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A reference book for civilian law enforcement professionals
Contract Law
What Makes a Valid Contract?
Certainty of terms
Agreements must be specific, quantifiable and lawful – there must be no question as to what is on offer and what is required. Courts try to keep contracts in action, but this is impossible when a contract is ill-conceived in its fundamentals. A fundamentally flawed contract is declared void. Where a contract is declared void, everything that has changed hands is to be returned.
Uncertainty of terms
Uncertainty of terms is where any terms of a contract are vague, contrary, or are omitted. Courts try to reinterpret a contract and adjust its terms to make it commercially viable....
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Illusory consideration
A contract is void if it is vague, or improperly conceived as to the payment (or equivalent fundamental rights) due to a party, in return for their fundamental obligations...
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