《马尔代夫1991年合同法》.pdf

THE LAW OF CONTRACT 1991 Title 1. This law shall be cited as the Law of Contract” Definition 2. A contract is an agreement between two or more persons and which must be legally valid and enforceable. Parties must consent freely and voluntarily 3. (a) The parties to a contract must have consented freely and voluntarily, and must possess the legal capacity to contract. (b) Any person with sound mind and over the age of 16 shall be deemed to possess the legal capacity to contract referred to in sub-section (a) of this section. Form 4. Unless otherwise provided by law, a contract need not be in any particular form. When concluded 5. A contract is concluded when an offer made by one person is accepted by the person to whom it is made, in accordance with this law. Offer 6. (a) An offer mentioned in section 5 above must not be vague or uncertain. It must have been made with the serious intention of creating legally binding obligations. Invitation to treat not an offer (b) An invitation to treat shall not constitute an offer. To whom offer is made (c) An offer may be made to a particular person or group or to the community at large. When offer is complete 7. (a) An offer is complete when it is communicated to the offeree. Revocation of an offer (b) An offer may be revoked by the offerer at any time before the offeree accepts the offer. (c) A revocation of the offer shall be deemed complete when the offerree has been notified of the revocation. pd4ml evaluation copy. visit Irrevocable offer (d) Where an offer is made on the condition that it will not be revoked until a specified time has elapsed the offer shall be irrevocable until such time has elapsed. Acceptance 8. (a) An acceptance of an offer may be made expressly or implied by conduct. (b) An acceptance must be unqualified and unconditi