The Act covers the general principles of contract law, defining a contract as an agreement enforceable by law.
Situations where one or both parties labor under a fundamental misunderstanding regarding the terms, parties, or subject matter of the agreement. 3. Breach of Contract and Remedies
What (e.g., misrepresentation, breach, capacity) are you focusing on? What jurisdiction or country's laws apply to your study?
: Both parties must be legally capable of entering into an agreement.