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The Law of Contract Confines Itself to the Enforcement of Voluntarily Created Civil Obligations

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Submitted By arnabpaul
Words 2058
Pages 9
North South University
LAW 200 (Business Law)

Assignment 1

Submitted To:
Barrister Arife Billah
Lecturer, School of Business
Date: 22 February, 2013

Submitted By:
Arnab Paul
ID: 1030818030
Section: 9

Title: The Law of Contract confines itself to the enforcement of voluntarily created civil obligations

Abstract
This assignment focuses to determine the relationship between the Law of Contract and voluntarily created civil obligations. It is intended to find out how contract law defines its scope within the enforcement of civil obligations. Civil obligations are raised from contracts, among several other sources of obligations. If the contracts are created voluntarily, the relevant obligations are thus voluntary. Since the contract law presumes that to create a contract there must be a common intention of the parties to enter into legal obligations, it is also assumed that the parties will enter into a contract voluntarily. When it comes to the discussion about civil obligations, contract law defines its boundary within the enforcement of civil obligations. This research paper was created with the motive to finding out how the contract law confines itself to the enforcement of civil obligations.

Introduction
We enter into contracts in our everyday general activities. Paying fare to the taxi driver amounts to entering into a contract. When you recharge your prepaid cell phone account, you have entered into a contract. You go to a restaurant and take snacks; you have entered into a contract. In such cases, we do not even realize that we are making a contract. In the case of people engaged in trade, commerce and industry, they carry on business by entering into contracts. But who ensures that everyone acts properly in each and every contract and what will be the remedy when one party does not perform by his/her obligations – the law of contract confirms that the

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