The Law of Contract (by Michael Furmston)

The Law of Contract, as explained by Michael Furmston, refers to the legal principles governing agreements between parties. It outlines how contracts are formed, including the elements of offer, acceptance, consideration, and intention to create legal relations. Furmston highlights the importance of mutual consent and the legal obligations that arise from contracts, ensuring that parties can enforce their agreements in court if necessary. This law provides a framework to protect individuals and businesses in their dealings, ensuring fairness and accountability in contractual relationships.