Contract law Essay Samples and Topic Ideas

contract law, it becomes apparent that the latter has fewer requirements of form. This can be attributed to the critical position that land holds in British history, as well as the fact that land ownership is considered prestigious. Under English trust law and contract law, formalities are usually required in certain types of transaction. In a small number of cases, trusts and agreements will not be enforceable unless they are consistent with the prescriptions of a specific statute. Despite the laws that exist, it remains apparent that a trend is developing where property rights in land become acquired without following proper formalities. When this happens, it is the individuals with legal interests...