The Law of Contract (book by Sir Frederick Pollock)

Sir Frederick Pollock’s "The Law of Contract" explains how agreements between parties become legally binding. It states that for a contract to be valid, there must be mutual consent, a lawful purpose, and consideration (something of value exchanged). The law ensures that promises are enforceable when these elements are present, providing predictability and fairness. The book also discusses the roles of offer, acceptance, capacity, and intentions behind agreements, clarifying how contracts are formed, interpreted, and sometimes voided if they fail to meet legal standards. Overall, it offers a comprehensive analysis of the principles guiding contractual relationships.