The Law of Contract in New Zealand 6th edition is a comprehensive guide to the legal principles surrounding contracts in the country. It is an essential reference tool for lawyers, law students, and anyone interested in the legal system in New Zealand.
The concept of contract law is based on the premise that when two or more parties agree to something, they are bound to adhere to the terms of that agreement. Contract law governs the formation, interpretation, and enforcement of agreements between parties in New Zealand.
The 6th edition of the Law of Contract in New Zealand provides an in-depth analysis of the legal principles involved in contract law and how they have been applied in New Zealand courts. The book also covers recent case law and legislative changes that have impacted contract law in the country.
One of the significant changes in contract law in New Zealand over the years is the introduction of the Contract and Commercial Law Act 2017. This act consolidated various pieces of legislation relating to contracts and commercial law, making it easier for businesses and individuals to understand their rights and obligations when entering into contracts.
The book covers the essential elements of a contract, including offer and acceptance, consideration, intention to create legal relations, and certainty of terms. It also discusses the different types of contracts, such as express and implied contracts, and how they are formed.
Another critical aspect of contract law is breach and remedies. The book explains the different types of breaches of contract, such as material breach and repudiation, and the remedies available to the aggrieved party, such as damages and specific performance.
Overall, the Law of Contract in New Zealand 6th edition is an excellent resource for anyone studying or practicing contract law in the country. Its clear and concise presentation of legal principles and recent developments make it a valuable reference tool for both legal professionals and non-legal professionals alike.