Andrew Phang Law of Contract in Singapore: Understanding the Basics
Andrew Phang is a well-known name in the legal profession in Singapore. He is a former judge of the Singapore High Court and a current judge of the Singapore Court of Appeal. He is also an expert in contract law and has authored several books and articles on the subject.
In this article, we will explore Andrew Phang`s contributions to contract law in Singapore and some key concepts that are important to understand.
Formation of a Contract
A contract is an agreement between two or more parties that creates legal obligations. In Singapore, a contract is formed when there is an offer, acceptance, consideration, and intention to create legal relations.
An offer is a willingness to enter into a contract on certain terms. Acceptance is the agreement to the terms of the offer. Consideration is the exchange of something of value between the parties, such as money or services. Intention to create legal relations is the understanding that the parties intend to be legally bound by the terms of the contract.
Andrew Phang has contributed to the development of contract law in Singapore by clarifying the requirements for the formation of a contract. In particular, he has emphasized the importance of intention to create legal relations as a key element of contract formation.
Terms of the Contract
The terms of a contract specify the obligations of each party and the consequences of any breach of those obligations. There are two types of terms in a contract: express terms and implied terms.
Express terms are those that are explicitly stated by the parties in the contract. Implied terms are those that are not explicitly stated but can be inferred from the circumstances surrounding the contract.
Andrew Phang has contributed to the development of contract law in Singapore by clarifying the distinction between express and implied terms. He has also emphasized the importance of the parties` intentions in determining the terms of the contract.
Breach of Contract
A breach of contract occurs when one party fails to fulfill their obligations under the contract. The consequences of a breach of contract can vary depending on the terms of the contract and the nature of the breach.
Andrew Phang has contributed to the development of contract law in Singapore by clarifying the remedies available for a breach of contract. He has emphasized the importance of the parties` intentions in determining the appropriate remedy for a breach of contract.
Conclusion
Andrew Phang is a leading expert in contract law in Singapore. His contributions to the development of contract law have clarified the requirements for the formation of a contract, the distinction between express and implied terms, and the remedies available for a breach of contract. Understanding these key concepts is essential for anyone involved in contract law in Singapore.