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By the end of this session you should be able to:

  • identify the essential elements of a valid contract and situations where the law requires the contract to be in a particular form
  • explain how the law determines whether negotiating parties have reached agreement and the role of consideration in making that agreement enforceable
  • explain when the parties will be regarded as intending the agreement to be legally binding and how an agreement may be avoided because of misrepresentations
  • explain how the terms of a contract are established and their status determined
  • explain the ability of a company to contract

and answer questions relating to these areas.