Commercial Contracts

The law of contract is the legal framework within which all business activity is conducted. It is vital for those in business to understand its basic principles and their commercial implications. Many businesses, however, evidently still believe that in the absence of a signed document no contract can exist, and may routinely sign documents that contain small print. Commercial Contracts provides an accessible guide to the basic principles of contract law and places them clearly and concisely in their commercial context. Using real examples, two practicing lawyers introduce English contract law, assuming no prior knowledge of the subject. They highlight areas where practical problems arise and examine possible solutions, with the aim of showing not only how to recognize these problems but how to deal with them in practice.

What is a contract; parties; entering into a contract; the terms of a contract; standard terms and conditions; the interpretation of a contract; performance and non-performance; legal remedies for breach; the shadow of litigation and insolvency; invalid contracts; the involvement of third parties; international transactions - the broader picture.