Chapter

Agreement

Jill Poole

in Contract Law Concentrate

Published on behalf of © Jill Poole 2013

Published in print March 2013 | ISBN: 9780199544578
Published online September 2013 | e-ISBN: 9780191763625 | DOI: http://dx.doi.org/10.1093/he/9780199544578.003.0001

Series: Concentrate

Agreement

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Each Concentrate revision guide is packed with essential information, key cases, revision tips, exam Q&As, and more. Concentrates show you what to expect in a law exam, what examiners are looking for and how to achieve extra marks. This chapter discusses the notion of agreement. Agreement is an essential ingredient of a contract. Traditionally an agreement is comprised of an offer and a corresponding acceptance. There are two types of agreement: bilateral and unilateral. Bilateral agreements are by far the most common in practice and consist of a promise in exchange for a promise. Unilateral agreements consist of a promise in exchange for an act, i.e., they exist in reward situations. The chapter then turns to the two-contract analysis, which is employed in order to impose liability in respect of a particular pre-contractual promise.

Keywords: bilateral agreement; unilateral agreement; two-contract analysis

Chapter.  10024 words.  Illustrated.

Subjects: Contract Law ; Study and Revision

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