statute of frauds
need for written evidence of certain types of contracts
-makes certain contracts unenforceable unless they are in writing
Memorandum
What must be included in the written document?
§ names
§ subject matter
§ consideration
§ payment details
§ signature of paying party
§ NB signature of defendant must be present in order to be able to sue under memorandum
What makes up a memorandum?
Unenforceable contracts
Differences in an unenforceable contract and a void contract
Doctrine of part performance
gets rid of the requirement of writing
replaces written document with some sort of action (performance)
Necessary criteria for part performance:
○ has to be a contract concerning land
○ acts of performance have to clearly indicate existence of a contract respecting the land in question
○ acts have to have been performed by the plaintiff (not the defendant)
Sale of goods act
Consumer Protection Act
-protection of consumers
-some agreements must be in writing
-writing must included such details:
○ detailed description of goods/services sold
○ itemized purchase price
○ name, address and contact information of vendor
○ notice of statutory cancellation rights
Interpretation of Contracts
Ambiguity in language:
interpretation of express terms
strict approach:
Liberal approach:
credibility
parties in the contract may sometimes present contradicting evidence surrounding its formation
-often necessary to have a 3rd party bystander settle the dispute
interpretation - implied terms
Implied term: term not expressly included by the parties in their agreement but which, as reasonable people they would have included had they thought about it