Law Of Contract In Malaysia
This book is primarily meant for students of law studying the law of contract in malaysia.
Law of contract in malaysia. 1 year or 2 years. Fixed term employment contracts are employment contracts for a specified period eg. In malaysia our contract law is basically governed and enforced by the contract act 1950. The law of contract in malaysia is codified under the contracts act 1950 wherein it sets out the ways in which one may enter into a contract in malaysia and how such contract can be legally binding.
6 april 2019. Lexread this book explains the provisions of the contracts act 1950 with illustrated examples of contractual situations based on decided cases. Legislation from this website is not a copy of the gazette printed by the government printer percetakan nasional malaysia berhad for the purposes of section 61 of the interpretation acts 1948 and 1967 act 388 and does not constitute prima facie evidence of the contents of the gazette by virtue of the section. It also caters for students of accounting engineering and business administration in helping them to understand the basic principles of the law of contract.
These contracts are commonly used when an employee is engaged for seasonal or temporal work or for a specific project which is not anticipated to be long term. The remedy of specific performance presupposes the existence of a valid contract between the parties to the controversy. Whereby the word contract itself exhibits a series of essential constituents was named with the element of contracts. The terms of the contract must be definite and certain.
The act also sets out the elements that limit the ways in which a contract may be entered and carried out. Elements of contract law.