Before you take the plunge. Back to basics on contracts - Part 1. Contract? What contract?

07.09.11

 

It is crucial to know when a contract is formed and what its terms are. However, many contract disputes are arguments about whether or not there is a contract at all. Some disputes arise where people have made obvious mistakes. But not all. Although the basic rules for contract formation are clear, applying them in the real world is not always so easy.

In this, the first part of our 'before you take the plunge - back to basics on contracts' mini series, we look at a case which went all the way to the Supreme Court to determine whether there was a contract, and upon what terms. We also consider some practical tips to help you achieve contractual certainty.

 

Key Contact

David Lowe, partner, +44 (0)20 7664 0322, david_lowe@wragge.com

Clark Sargent, partner, +44 (0)121 685 2840, clark_sargent@wragge.com

This alert may contain information of general interest about current legal issues, but does not give legal advice.

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