Quick overview on:
a) definitions of contract
b) general classification of contract
c) aims of contract law
d) method of forming a contract
e) elements to form a valid contract
An agreement giving rise to obligations which are enforced and recognized by the law
Branch of law which determines the circumstances in which a promise shall be legally binding on the person making it
A promise or set of promises which the law will enforce
Contracts Act 1950 (Act 136)
Business Law (3rd Ed.) by Lee Mei Pheng & Ivan Jeron Detta.