INTRA SEMINAR Introduction to contracts 11 March 2009 Clíona O’Sullivan.

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INTRA SEMINAR Introduction to contracts 11 March 2009 Clíona O’Sullivan
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Transcript of INTRA SEMINAR Introduction to contracts 11 March 2009 Clíona O’Sullivan.

INTRA SEMINAR

Introduction to contracts

11 March 2009

Clíona O’Sullivan

Introduction to contracts

Contracts are the scaffolding for our

dealings with others

Contracts are the scaffolding for our

dealings with others

Introduction to contracts

Introduction to contracts

Aims of Seminar

Recognising a contract

What is a contract?

A legally binding promise

What you don’t (always)need for a contract

A lawyerA lawyer

Contracts come in many guises

Components of a contract

Standard Terms

Battle of the forms

• Email 1 My standard purchase terms (Offer)

• Email 2 Your standard supply terms (Counter-offer)

• Email 3 My goods order (Acceptance)

Ubiquity Practicality Legality

Contract evolution

When things go wrong

• “RYANAIR’S one millionth customer was yesterday awarded €67,500 damages in the High Court after the budget airline reneged on its pledge to give her free flights for life.”

Irish Examiner 20.06.02

• AerLingus €5 bargain buys turn out not to be the ticket”Irish Times 18.04.08

• “Argos apologises for 49p TV error”BBC news online 1.09.05

Some practical points on contract terms

The Deal

Getting In

Getting Out

Relationship clauses

Avoiding and resolving disputes

Court –litigation

When things go wrong – rights and remedies

Interaction between laws and contracts

Interaction between laws and contracts

EXAMPLE: the Distance Selling Regulations provide rights to consumerswho purchase goods online, such as a 7 day “cooling down period” and rights to information. These rights cannot be overridden by the supplier.