ABSTRACT
The law of contract is of crucial importance in the legal management of transactions and obligations in our economic system. Essentially, a contract is an agreement between two or more parties that the law will enforce. Generally speaking, damages (that is, compensation) are payable for loss suffered by one party due to the non-performance (or poor performance) by the other party to the contract. Moreover, a party may (in appropriate circumstances) request a civil court to order performance by the other party in default.
