Contract Law Update 2012: Developments of Note

This paper discusses contract law issues including decisions of relevance to commercial lawyers and business leaders giving a snapshot of particular principles of interest that arose in case law over the past 12 months.

This year's topics include:

• Acceptance by conduct;
• Privity of contract and third party beneficiaries;
• Implied terms;
• Enforceability of exculpatory clauses - update on the application of the Tercon test by lower courts;
• Electronic transactions and computer contracts;
• Statutory illegality; and
• Liquidated damages clauses.

To read the full article, click here.