Law of Contract

What is a contract?

• man made law

• legally binding agreement between parties

• rules for contract

• binding agreement

How many types of contract?

• 1

• 2

• 3

• 4

What are the types of contract?

• binding contract, law contract and agreement

• valid contract, contract validity, voidable contract

• valid contract, void contract and voidable contract

• municipal contract, bilateral contract and void contract

What are the elements to form a valid contract?nd capacity

• offer, acceptance, intention to create legal relation, consideration

• offer, acceptance, invitation to treat, consideration, capacity

• offer, acceptance, consideration, intention to create legal relation, capacity

• offer, acceptance, benefit, competency, invitation to treat

Does silence is consider as acceptance to the proposal?

Does contract is valid if it is done through electronic devices?

What is the relevant statutory in Malaysia provides that contract is valid and binding through social media or electronic devices?

Is capacity or competency is one of the elements to form a valid contract in electronic commerce?

Do you think Malaysia Electronic Commerce Act 2006 is relevant to be applicable in current situation?