Syllabus B1

Formation Of Contract

a) Analyse the nature of a simple contract.
b) Explain the meaning of an offer and distinguish it from an invitation to treat.
c) Explain the termination of an offer.
d) Explain the meaning and consequence of acceptance.
e) Explain the need for consideration.
f) Explain adequacy and sufficiency of consideration.
g) Analyse the doctrine of privity.
h) Distinguish the presumptions relating to intention to create legal relations.