Contract Law - Contract and tort
The law of obligations is traditionally divided into two categories - contractual obligations, which are thought of as being entered into voluntarily and owed only to the parties contracting; and obligations in tort, which are owed to a larger class of people and thought of as being imposed by law (Beatson {2002} - Ansons Law of Contract).
A contract is formed where there's an offer, acceptance, consideration and an intention to create legal relations. The parties' obligations are fixed by the terms of the contract. An example can be found in Carlill v Carbolic Smoke Ball Co (1893) 1 QB 256.
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