In LL.B examinations, illustrate each principle with a short example of your own. Examiners reward original illustrations over memorised ones.
Key sections — study pointers
Our notes on what to look for. They are not the text of the law.
| Section | Heading | Study note |
|---|---|---|
| 2 | Interpretation | Proposal, acceptance, promise, consideration, agreement, contract, void agreement and voidable contract. |
| 10 | What agreements are contracts | Free consent, competent parties, lawful consideration and object, and not expressly declared void. |
| 11 | Who is competent to contract | Age of majority, soundness of mind, and not disqualified by law. Read with the Majority Act, 1875. |
| 25 | Agreement without consideration | Void, except in the listed cases: natural love and affection in a registered writing, compensation for past voluntary acts, and promises to pay time-barred debts. |
| 56 | Impossibility of performance | The statutory basis of the doctrine of frustration. |
| 73 | Compensation for breach | Damages for loss arising naturally, or within the parties' contemplation; not for remote or indirect loss. |