Contracts are the legal basis of all commercial transactions. Covering the core topics – including
formation of contracts, capacity to contract and privity, performance and breach of contract and
remedies for breach of contract – the emphasis is on understanding the key underlying principles
of English law. This is very much a case law subject, with judicial precedents stretching back
nearly 400 years in some instances (but more usually of 19th- and 20th-century
origin) and a small number of statutory provisions, as well as the impact of EU law. An understanding
of what factors judges may, or must, take into account when exercising their discretion is crucial.