Contract Law
By: July • Essay • 284 Words • February 8, 2010 • 922 Views
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Vodafone Contract.
Contracts arise when a duty does or may come into existence, because of a promise made by one of the parties. To be legally binding as a contract, a promise must be exchanged for adequate consideration. Adequate consideration is a benefit or detriment which a party receives which reasonably and fairly induces them to make the promise/contract.
All terms of a contract must be complete and final for the contract to be legally binding.
Representations are different from contract terms. These are things said in negotiations that do not become part of the contract and for which the remedy is a claim of misrepresentation.
I am currently binded to a contract for a telephone network service. I have a contract with Vodafone. The core obligation of the contract for Vodafone is to provide a telephone service. The core obligation for me is to pay for the service.
Some of the conditions set out in my contract for a telephone service may not be classified