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English contract law is the body of law that regulates legally binding agreements in England and Wales.With its roots in the lex mercatoria and the activism of the judiciary during the Industrial Revolution, it shares a heritage with countries across the Commonwealth (such as Australia, Canada, India [1]), from membership in the European Union, continuing membership in Unidroit, and to a ...
Johnson v Gore Wood & Co [2002] 2 AC 1, 49, (a case actually concerning "reflective loss" in UK company law) it was said contract breaking is an ‘incident of commercial life which players in the game are expected to meet with mental fortitude’ Peevyhouse v. Garland Coal & Mining Co., 382 P.2d 109 (Okl. 1962) Tito v Waddell (No 2) [1977] Ch 106
Unfair terms in English contract law are regulated under three major pieces of legislation, compliance with which is enforced by the Competition and Markets Authority (CMA). The Unfair Contract Terms Act 1977 is the first main Act, which covers some contracts that have exclusion and limitation clauses. For example, it will not extend to cover ...
Also part of the Global Sales Law Project is the leading commentary on the United Nations Convention on Contracts for the International Sale of Goods (CISG), edited by Ingeborg Schwenzer. The commentary is published in German (5th edition), [2] English (3rd edition), [3] and Spanish (1st edition). [4] It is currently being translated to ...
Interpreting contracts in English law is an area of English contract law, which concerns how the courts decide what an agreement means. It is settled law that the process is based on the objective view of a reasonable person, given the context in which the contracting parties made their agreement. This approach marks a break with previous a ...
Southern Foundries (1926) Ltd v Shirlaw [1940] AC 701 is an important English contract law and company law case. In the field of contracts it is well known for MacKinnon LJ's decision in the Court of Appeal, where he put forth the "officious bystander" formulation for determining what terms should be implied into agreements by the courts.
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Unconscionability in English law; Undue influence in English law; Unfair Contract Terms Act 1977; Unfair Contract Terms Bill; Unfair Terms in Consumer Contracts Directive 1993; Unfair terms in English contract law