The law of contract (UK)

The law of contract in the UK is the set of rules that governs agreements made between people or businesses. It ensures that if both parties agree to certain terms, they are legally bound to follow through. For a contract to be valid, there must be mutual consent, an offer, acceptance, consideration (something of value exchanged), and the parties must have the capacity to contract. If one party doesn't keep their promise, the other can seek legal remedies. Overall, the law aims to uphold fairness and ensure parties fulfill their promises in agreements.