Sara Case

Introduction

Sara, an infant, obtained a loan of money from Kamal by telling him that she was 19 when in f constitute she was only 16. Sara accordingly defaulted on the repayment. evoke Kamal.

To begin with, the age at which an infant is recognized as an adult for managing his or her affairs and responsibilities for any legal obligations created by his or her actions is called age of bulk also known as legal age (Farlex). According to Australian law, the age of majority is 18 (The Age of Majority , 1999 ). With regard to the case in a higher place we understand that Sara has defaulted on a contract with Kamal when she was merely a minor.
A contract is a guarantee or a set of announces that is legally dorsum. It will be lawfully binding if certain standards are met. In Australia this requires that there be an agreement, consideration, figure to create lawful affairs, fulfilment with any legal formalities, demonstration and that the parties have the legal capacity to the contract (Clarke, The law, 2010).

?
Agreement
The first term of a contract is an agreement which includes the rules of an offer and an acceptance.




An offer is the fundamental interaction resulting to a promise to do, or not do something if the soulfulness to whom the offer is intended to does something, or refrains from doing something - or makes a promise in return.
An acceptance is an unambiguous statement by the individual to whom it is intended to agreeing to the offer. This can be in written, oral or by conduct (Clarke, 2010).

Certainty
For a contract formation the contrast must be adequately certain and reasonable once the parties rights and requirements can be identified and imposed. If the agreement is uncertain then it cannot establish a binding contract (Clarke, 2010).

Consideration
The next specify to a contract formation is consideration. It is the price asked for in win over for the promise. It can be in any form, from money to a promise to take on a particular act; even a mere pepper could...If you want to progress to a full essay, order it on our website: Orderessay



If you want to get a full essay, wisit our page: write my essay .