CONTRACT

LAW
CIVIL LAW
 01. 02. 03.
CONTRACT LAW WHERE DO WE USE HOW DO WE MAKE
CONTRACT LAW CONTRACT LAW
General information about the Special legal relations where we Accept and Offer;
Contract Law; using Contracts Mainly; Contracts Special Form;
Contract law as Important part of Validity of The Contract;
Civil Law (differ of jurisdictions);

04. 05. 06.

CONTRACT LAW IN OUR REMEDIES FOR BREACH CONCLUSION PART
LEGISLATION OF CONTRACT
Origination of Georgian law; Restitution;
Thank you page
How do contract made in our Damages;
legislation (Type of Jurisdiction); Specific Performance;
 CONTRACT LAW
Contract is a promise enforceable by law. The making of a contract
requires the mutual assent of two or more persons, one of them
ordinarily making an offer and another accepting. A person who is
making a contract and provides it to others called Offerent and
Him/Her who is getting the contract Acceptant. The legal parties In a
contract law called Contrahents. It is important to find out whether a
contract exists, because the existence of the contract arises legal rights
and obligations if the existence of the contract could not be determined
no liability arises for the parties. Contract law determines a special
contract form The contract may be made in writing or spoken word.
Contract law, is the field of the law of obligations concerned with
contracts, is based on the principle that “Agreements Must Be
Honoured." Contract law varies between jurisdictions these systems
are common law jurisdictions _ which require contracts consideration;
Civil and Mixed law jurisdictions outline the importance of meeting of
the minds between the parties. Most important thing is that the
Contract law provides firm, fair and conscientious circumstances for
Social legal relationships and elevates proper economic cycle.
 WHERE DO WE USE CONTRACT LAW
Contracts are widely used in commercial law, and form the legal foundation for transactions
across the world. The purpose of contract law is to enforce promises and to create rights and
obligations in order to avoid betrayal, dishonesty and fraud which are the main problems of
commercial and social legal relationships.
Common examples where we using a Contract Law:

● Contracts for the Sale of Services and Goods

● Contracts of Carriage
● Employment Contracts
● Contracts of Insurance Policies
● Contracts of Sale or Lease of Land
● Marriage Contract
HOW DO WE MAKE CONTRACT
● Accept and Offer
● In order to make the contract legally valid Contrahents must agree
on essential terms of the contract, these include the price and the
subject matter of the contract.

● Special Form By Jurisdiction

●  Contracts may be made in writing or by spoken words that differ by
Jurisdictions. For common law jurisdictions, consideration is necessary,
but for Civil law, Jurisdiction parties have to take into consideration if
the special form is prescribed for a particular type of contract,
Otherwise, it won't be valid, as we know contracts may be made in
writing or by spoken words.

● Validity Of The Contract

● To confirm the validity of the contract something of value must be
exchanged for something else of value, this can include cash, goods or
services. If one party is not accept offered terms, the party can make a
counter-offer, which then may be accepted or rejected.
 CONTRACT LAW IN OUR LEGISLATION
ORIGINATION
Georgian law originated from Roman natives, but
the structure is very similar to German law. Today's
legislation is mostly based on 1921's Constitution,
Georgian law sources developed centuries ago, But
official today we are using 1995’s Constitutional
legislation and its norms spread on every law
sources including Civil law, which contains Contract
law too. Georgian legislation is radically different
from Russian, USA or English law. It is not based on
the doctrine of abstraction and the Presumption of
legal relationship obligations as it is in most western
jurisdictions. All action is prescribed in legal norms
and presumption is used very rarely it is also used
in special cases.
TYPE OF JURISDICTION
In Georgia we have Civil law Jurisdiction,
which means to make contract meeting of the
minds between the parties is necessary. In our
country's legislation contract should be made
by writing or by spoken words. The contract
is regarded as formed when one party makes
an offer as well as in most legal law systems,
the sides promise each other something of
value and they take responsibilities, also it is
possible to make counter-offer which can be
accepted or rejected. If the contract have been
breached, injured side may try to get a court
to award damages.
REMEDIES FOR BREACH OF CONTRACT
CONTRACT BREACH “RESTITUTION”_ To have what they
Contract law deals with promises gave returned to them
which create legal rights
therefore parties give each other
or promise to give something of
value but the terms of the “DAMAGES”_ Compensation for
contract are often violated due to their loss
the appearance of dishonesty
and non-fulfillment of obligations,
because of this there are three
essential remedies if contract is “SPECIFIC PERFORMANCE”_
broken The other party to be forced to
perform the contract

Injured party might demand to have what they gave returned to them
(restitution); Compensation for their loss (damages); The other party to
be forced to perform the contract the Specific Performance. From above
common use in practice have compensation of damages
 THANKS!
Thanks for your attention!!!

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Presenter Gabriel Kikvadze