doctrines of contract law

Contract law doctrines are principles that govern agreements between parties. Key doctrines include offer and acceptance, where one party proposes terms and the other agrees; consideration, which is the value exchanged between parties; and capacity, ensuring all parties are legally able to contract. Additionally, the doctrine of legality requires that the contract's purpose must be lawful. Lastly, the doctrine of mutual consent affirms that all parties must fully understand and agree to the terms. Together, these doctrines ensure that contracts are fair, enforceable, and protect the interests of those involved.