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"Contract law is the law that governs contracts. A contract can take several forms - it can be written on a piece of paper or it can just be a verbal agreement. A contract is an agreement between two or more people that creates an obligation to do, or not to do, something."1 "An agreement will be classed as a contract only if the parties intend legal consequences to result from it".2 "The agreement creates a legal relationship of rights and duties. If the agreement is broken, then the law provides certain remedies".3 A contract must possess key elements; offer, acceptance, consideration, form, legality, capacity and intention to create legal relations. If any of these are missing then the contract may be void. "An offer is a proposition put by one person to another person made with the intention that it shall become legally binding as soon as the other...

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