contract law | eventjuice

An Introduction to Breach of Contract

A breach of contract occurs where one party fails to fulfill their obligations under contract. A breach of contract can take many forms, for example: It would be a breach of contract where an employee leaves without giving two weeks notice (if this is a term of his contract), or where a customer does not receive services which they have already paid for. Another example would be where performance under the contract as precisely detailed: If you form a contract ...

An Introduction to Contractual Terms for Beginners

Last week we looked at the primary constituents of a contract – Offer, consideration, and acceptance – and if you’re the kind that likes visual metaphors, you can consider these the bare-bones of a contract. This week, we’re going to briefly introduce contractual terms. Further on our visual metaphor, contractual terms are the meat on the bones. They are what pad out the contract and define exactly what people are bargaining for. There are two broad types of term – ...

Understanding the Formation of Contracts – Event Management Law (Part 2)

Last week we discussed the history of contracts and how they fit in to the capitalist free market society in which we live in. Today we are going to look at the formation of contracts – What are the key elements of a contract and why they are important. As I mentioned previously, there are three primary components: Offer, consideration, and acceptance. There are also the concept known as “Invitation to treat” and these will be discussed too. Key terms ...

Contract Law for Events Part 1

When you ask the average person what a contract is, the first image that’ll come to mind is a signed formal document. Although this image is not necessarily wrong, it’s not necessarily right either. A contract is any form of legally binding agreement between two people. In order for an agreement to be legally binding, certain conditions must be met. Suffice to say, a formal signed document isn’t a necessity when creating a contract. When you purchase a pint at ...