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Contract Law Cheat Sheet (DRAFT) by

UK contract law cheat sheet

This is a draft cheat sheet. It is a work in progress and is not finished yet.

Offer

There must be an offeree and an offeror
     

Consid­eration

something of value in the eyes of the law

Kinds of Consid­eration

Executed Consid­eration
Where one person has completed their side of the contract at the time of formation, such as responding to a newspaper advert
Executory Consid­eration
Where both parties exchange promises to do something in the future