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Contract (Factors making the contract defective/unenforceable (Lack of…
Contract
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Contract vs Tort
Tort = civil wrong, a wrongful act causing harm to an individual, property, reputation or trade
The law of tort is there to protect the interests of the individual from the wrongful acts of other individuals. The wrongdoer shall pay compensation for the injury he has caused.
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Freedom of the Contract
Laissez-faire philosophy
freedom of contract
parties to a contract should be free to choose to enter into a contract on whatever terms they may consider advantageous to their interests
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