Download Art. 262. Prihvat ponude

Unit 30
Contract Law
General requirements for contract
formation:

possessing legal capacity

the object of the contract must be
acceptable by the law

in some cases a particular form is
required (e.g. sales contracts)
Key elements of contract
formation
OFFER
+
ACCEPTANCE
+
CONSIDERATION
= ENFORCEABLE
CONTRACT
*enforceable contract = legally valid and binding (the
courts can force the parties to abide by it )
Agreements becoming contracts
agreement
+
intention to be
legally bound
CONTRACT
(legal consequences)
COMMERCIAL
AGREEMENTS
-presumed to be
contracts
FAMILY AND SOCIAL
AGREEMENTS
-has to be proved that
it was intended to be
legally bound
Consideration
Common law jurisdictions
both parties to a contract must bring
something to the bargain
money
Eg. I
Party A – a farm (consid.)
Party B – a million dollars
(consid.)
anything of value
to the parties
Eg. II
Party C – clerical work (consid.)
Party D – food and shelter
(consid.)
*Civil law jurisdictions – no consideration (a promise does not need
consideration to be enforceable)
Different forms of a contract
CONTRACT
EXPRESSED
IMPLIED
3 elements are
implied (parking fees)
written
oral
3 essential elements are present
An example of an implied contract
from the South of England
the town of ARUNDEL
Setting aside the contract
Three different ways in which contracts can
be set aside:
1.
VOID
2.
VOIDABLE
(a
contract never came into existance)
(one or both parties may declare a
contract ineffective at their wish)
3.
UNENFORCEABLE
(lacks some particular type
of evidence necessary for
the enforcement)
Voidable contracts
MISTAKE
DURESS
UNDUE
INFLUENCE
MISREPRESENTATION
INCAPACITY
Remedies for breach of contract
AWARD OF
MONEY
DAMAGES
ORDER OF
SPECIFIC
PERFORMANCES
Essential expressions
•
•
•
•
•
•
•
to form/enforce/
breach/enter into/set
aside
a contract
a breach of contract
consideration
offer and acceptance
offeror and offeree
an implied/expressed/
legally binding contract
valid; invalid
•
•
•
•
•
•
•
a void/voidable/
unenforceable
contract
mistake
misrepresentation
duress
undue influence
incapacity
an order of specific
performances
Vocabulary practice I – Word
families
Fill in the blanks by using the appropriate words from
the text.
VERB
NOUN
ADJECTIVE
to enforce
avoidance
_______
performance
Vocabulary practice II - Collocations
Choose one of the listed nouns for each of the following
verbs. Use the text.
a binding offer; requirements; legal capacity; a contract; a
contract; requirements
to comply with
………………………….
to make
………………….
to enter into ………… to
set………………aside
to
fulfil……………………
to
possess………………
Translation practice
Translate the following sentences from the Croatian ZOO
(Zakon o obveznim odnosima)
1.
2.
3.
Art. 253. Punuda
Ponuda je prijedlog za sklapanje ugovora učinjen
određenoj osobi koji sadrži sve bitne sastojke ugovora.
Art. 262. Prihvat ponude
Punuda je prihvaćena kad ponuditelj primi izjavu
ponuđenika da prihvaća ponudu.
Art 269. Činidba
Objekt ugovorne obveze je činidba koja se može
sastojati u davanju, činjenju, propuštanju ili trpljenju.