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* The Outline 1. Fundamentals of contract law Defining a contract Classifying contracts 2. Formation of contracts - elements of a valid contract 3. Laws governing the contract in different countries 4. Remedies for breach of contract under Anglo-American law Lecture 6 Contract Law Fundamentals of contract law Defining a contract? “A promise or set of promises, for breach of which the law gives a remedy, or the performance of which the law in some way recognizes as a duty.”---- Samuel Williston “is an agreement between two or more parties which creates an obligation
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