Contract Law 1 L2 PDF, University of Papua New Guinea, Semester 1, 2024

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 1. Agreement:. freely entered into agreement. freely agreed to t...

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 1. Agreement:. freely entered into agreement. freely agreed to terms. freely agreed to be bound. suffer penalties for breach PNG – Three national languages: a) English b) Pidgin c) Motu  Agreement ? a) English – agreement ?  Consensus ad idem. Latin legal maxim. 3 words  meeting of the minds. 4 words b) Pidgin – agreement?  Numi wan bel laka?. 4 words c) Motu – agreement?  Mauro. 1 word 2. Two or more:. cannot contract with self 3. Persons:.Human beings. Excludes non-human species  Horse drawn carriage  Horse racing  Cow milk  Chicken eggs. ET - non-human  Change our definition? 4. Rights:  Right to receive a benefit Eg. Pay – overtime – hda - etc. Uniform. Vehicle/allowance. Accommodation/allowance. School fees. Annual leave. Long service. Pension. Etc 5. Obligations:  Duty to do something. Positive duty  Duty to not do something. Negative duty Eg-Moonlighting 6. Enforcability:  Must be enforceable in a court  Not enforceable  not a contract:. Domestic. Social