Contract Law 1 L2.docx

THE UNIVERSITY OF PAPUA NEW GUINEA SCHOOL OF LAW Semester 1, 2024 Contracts Law 1 ( 5.10704 ) Lecture 2 Contract: An agreement between two or more parties which confers rights and imposes obligations which the legal system will enforce Agreement:. freely entered into agreement. freely agreed to term...

THE UNIVERSITY OF PAPUA NEW GUINEA SCHOOL OF LAW Semester 1, 2024 Contracts Law 1 ( 5.10704 ) Lecture 2 Contract: An agreement between two or more parties which confers rights and imposes obligations which the legal system will enforce Agreement:. freely entered into agreement. freely agreed to terms. freely agreed to be bound. suffer penalties for breach PNG – Three national languages: English Pidgin Motu Agreement ? English – agreement ? Consensus ad idem. Latin legal maxim. 3 words meeting of the minds. 4 words Pidgin – agreement? Numi wan bel laka?. 4 words Motu – agreement? Mauro. 1 word Two or more:. cannot contract with self Persons:.Human beings. Excludes non-human species Horse drawn carriage Horse racing Cow milk Chicken eggs. ET - non-human Change our definition? Rights: Right to receive a benefit Eg. Pay – overtime – hda - etc. Uniform. Vehicle/allowance. Accommodation/allowance. School fees. Annual leave. Long service. Pension. Etc Obligations: Duty to do something. Positive duty Duty to not do something. Negative duty Eg-Moonlighting Enforcability: Must be enforceable in a court Not enforceable not a contract:. Domestic. Social