Question

How is contract law fundamentally different from the other main types of law, discuss? Minimum 350 words

Answer 1

Contract Law- How it differ

Contract law takes the primary advantage of being supported by the law or its transparency to the legality of the court. When compared with other laws, the primary difference of a contract law with others is the legality of the contract. The agreement other than contracts does not have the ability to approach law or the court in case of faulty activities done over that. If one party among them who are engaged through contract law makes fouls against the agreement in the contract, the other who is affected can approach the court or the law.

Contract law refers to the acceptance of both the parties involved in the contract. All contracts are agreements while all agreements are not contracts. Agreement created by the promise or support of the law is known as contract. Agreements may be made with words or even written between two persons or even entities which do not have legality. A contract can only be done with legally accepted firms or individuals. An individual or firm without the acceptance of law cannot involve in contract but are able to make agreements. The consideration about the other one who is involving in contract is a must to make an efficient contract supporting both. Also, contracting entities or individual should need genuine intention about the agreement for the contract to be legally enforceable. Different intentions or lack of genuineness may be a feature of agreements which are not contracts. The exchanging of the products or whatever to form a contract must be legally accepted. No one can make contracts with the exchange of goods or services which are legally unstable. Since legality is an important feature of the contract and the law provides the ability of legal support, everything made for the contract should be accounted under law. Contract makes the firms or individuals engaged to provide the maximum and not to skid from the agreements in the contract which may lead the other to approach court or the law. Contract law is different in its characteristic of closeness to legality, from others. Thus it makes the contract law more trustable and acceptable from other method of agreements.