COLLATERAL AGREEMENTS (CONTRACT LAW)
There is a way in which an oral statement can be deemed binding, even though it conflicts with a written contract and does not fall
The contract law blog is aimed at educating clients, investors, businessmen, companies, corporations, individuals, organizations, traders and even advocates of the various aspects of a contract which span from the time an offer and acceptance is engaged, through the aspects of the consideration, terms of contract, interpretation of contract and the problems which may arise from a contractual relationship.
Contractual engagements can be quite complex in nature and their disputes are quite popular before the courts of law in Cameroon.
The spirit behind the blogs and their applicability in Cameroon are backed by the common law principles of contract law which has its origin from the United Kingdom by virtue of the Southern Cameroons High Court Law of 1955.
Worthy of note is the fact that when parties to a contract are properly aware of their positions vis a vis their rights and obligations, they will be properly guided on the steps to engage in view to enforce their respective positions especially in the event of a dispute.
We have therefore provided the respective blogs to inform clients on the aspects of a contractual relationships and the possible solutions they may have at their disposal to resolve disputes.
There is a way in which an oral statement can be deemed binding, even though it conflicts with a written contract and does not fall
The statement may be in any form – spoken, written or by conduct – but mere silence will not usually amount to a false statement,
There is one other way in which a promise can be made binding without consideration: it can be put into a document called a deed.
The statement must be one of fact; merely delivering an opinion will not create an actionable misrepresentation. There are some cases in which what looks
An acceptance does not usually take effect until it is communicated to the offeror. It was explained in the case of Entores Ltd v Miles
A distinction is usually made between advertisements for a unilateral and bilateral contract. An advertisement is a notice or an announcement in a public medium
The parties to an auction sale are the bidder and the owner of the goods. The auctioneer simply provides a service and is not a
In order for a contract to be viewed as binding, an agreement must be certain, that is, it should not be unduly vague, or obviously
There is a strong presumption in commercial agreements that the parties intend to be legally bound, and unless clear words are used this presumption will
There are some categories of people whose power to make contract is limited by law. The main categories are minors and people considered as incapable