ABSTRACT

Contract law falls under the umbrella of private law, which is part of the civil law legal system. The Consumer Rights Act 2015 is an example of statutory intervention in contract law in the regulation of consumer contracts. A popular area of debate in contract law and a common topic of assessment revolve around whether the concept of freedom of contract really does exist and whether the classical or will theory is a valid foundation upon which the rules of contract are based. Whilst contract law is involved with voluntary obligations, it is important to mention that even where a voluntary contractual agreement has been made, in most instances there are involuntary obligations implied into the agreement and these involuntary obligations will bind the parties. The theory respects the sanctity of contract and relies upon the courts to respect the will of the parties and only to become involved where a dispute arises within a contract.