Module 1: Concept and its role in developing society

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1 Contract law Mind Map on Module 1: Concept and its role in developing society, created by ahindra29 on 01/22/2016.
ahindra29
Mind Map by ahindra29, updated more than 1 year ago
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Created by ahindra29 over 10 years ago
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Module 1: Concept and its role in developing society
  1. GENESIS OF CONTRACT
    1. INTRODUCTION

      Annotations:

      • Modern industrial society is primarily built upon the fabric of contracts. The relational integration and determination of MUTUAL RIGHTS and OBLIGATIONS are dependent on EX CONTRACTUM (out of contract) terms. Contract around and between various parties.In order to correctly evaluate the aspects of contractual relations, one has to understand the following: 
      1. Understand the following
        1. 1. whether the parties have agreed to make any binding right and obligation for themselves. 2. how they have made it 3. what are the mutual obligations and rights? 4. how they intend to perform their mutual duties and when 5. what are the conditionals? 6. What happens when one of the parties is unable to fulfil the obligations.
      2. EARLY HISTORY OF CONTRACT LAW
        1. Several legal systems. Leading ones are: 1. ECCLESIASTICAL/RELIGIOUS, 2. ROMANA-GERMANIC (based on growing codification on logical foundation as well as clear customary practices- secular. 3. CIVIL LAW - based on well structured constitutional legal regime with inquisitive procedural system
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