South African contract law
Law about agreements between two or more parties / From Wikipedia, the free encyclopedia
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South African contract law is "essentially a modernized version of the Roman-Dutch law of contract",[1] and is rooted in canon and Roman laws. In the broadest definition, a contract is an agreement two or more parties enter into with the serious intention of creating a legal obligation. Contract law provides a legal framework within which persons can transact business and exchange resources, secure in the knowledge that the law will uphold their agreements and, if necessary, enforce them. The law of contract underpins private enterprise in South Africa and regulates it in the interest of fair dealing.
This article may require cleanup to meet Wikipedia's quality standards. The specific problem is: Excessive use of Latin phrases, excessive quotation, lack MOS:DOUBLE. (December 2021) |