Is the contract law enforceable in Nigeria?
Is the contract law enforceable in Nigeria?
Contract law only binds on valid contracts established based on the format stated by the Nigerian legal system. Such contracts are enforceable by the law and will only be considered if they adhere strictly to the format stated above.
How to find public sector contracts in Nigeria?
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What does misrepresentation mean in the law of contract?
Misrepresentation is a statement made orally or in writing from one party to the other in order to induce the other party into entering into a contract. Like mistake, the presence of misrepresentation in the formation of a contract makes the contract void and unenforceable.
How to get notification of government tenders in Nigeria?
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What is the law of contract in Nigeria?
Orient Bank (Nig.) Plc v. Bilante; Ojo v. ABT Associates Incorporated [2017] 9 NWLR (Pt. 1570) 167 at 188 CA. An offer must be precise and unequivocal.
Who is represented in a contract of representation?
Each contract has warranties and representations which underscore facts and issues pertaining to agreement terms. When selling something in the form of real estate, for example, the seller represents him or herself as the owner, who is the authority to sell the property.
What does revocation mean in the Nigerian Law of contract?
Revocation means termination or withdrawal of an offer by the offeror. Revocation must be communicated before acceptance. Routledge v. Grant.
Who is the Minister of Finance in Nigeria?
As part of the new democratic government’s drive to entrench accountability, efficiency and transparency in the public procurement and contract award procedures, the Minister of Finance has issued guidelines for the procurement and award of contracts.