Explain the nature of contractual liability and classification of contracts.

Understand the law of contract

3.1 Explain the nature of contractual liability and classification of contracts.

3.2 Explain the formation of a contract.

3.3 Explain how contract terms are classified under thegeneral law.

3.4 Explain defective contracts.

3.5 Explain the circumstances in which a contract maybe discharged.

3.6 Explain the remedies for breach of contract.

3.7 Explain the doctrine of privity of contract.

3.8 Explain the assignment of contractual rights andduties.

3.9 Explain assignment in the context of insurance.

3.10 Apply the law of contract to practical situations.

Explain the nature of contractual liability and classification of contracts.
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