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Elements of Valid Contract Under Nigerian Law

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Elements of a Valid Contract Under Nigerian Law If you’re an adult, regardless of whether you've engaged in a business transaction, you’ve probably heard the word ‘contract’ before. So what is the meaning of this word that appears highly prevalent in the commercial space? We have an answer for you.  A contract is a legally binding agreement between two or more parties. But let’s not stop there. Understanding its elements is crucial for ensuring a contract's validity under Nigerian law. The Nigerian legal system draws heavily from common law principles, but statutory provisions also play a significant role in shaping the framework for valid contracts. Therefore, before a contract can be valid, these following elements must be present: Offer and Acceptance : The basis of any contract lies in the existence of a valid offer and an equally valid acceptance. An offer is a clear expression of willingness to be bound by specific terms, and acceptance must be unambiguous and...
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WEEKLY LEGAL NUGGETS

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THE RADIANT JUSTICE CHAMBERS, OBAFEMI AWOLOWO UNIVERSITY WEEKLY LEGAL NUGGETS  LEGALESE Legalese is a technical form of writing often used by lawyers and members of the legal community to discuss legal definitions, terms, laws, and contracts. It is the formal and technical language of legal documents. One example of legalese is the terms and conditions of a contract.  Lawyers use words in their ordinary meaning just like every other member of the public on the one hand, and on the other hand, lawyers use words in a special/technical sense and thus give such a word a legal or uncommon meaning, such as "abate", which in law means to suppress a nuisance or to suspend a claim, or action, and a word like "bench" which in law means Judges or Magistrates collectively, etc. Lawyers often use a lot of archaic or old words because much of the common law on which English law is based was developed in the 15th century when the commonly used words were Roman and Latin.  Legalese...
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How to Answer Law Questions

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One of the greatest problems of a neophyte at law and most law students, is usually how to answer law questions. After all the ‘ jacking ’ and cramming it all comes down to delivery. First thing you need to understand is that law exams aren’t there to test how much you can cram. Basically, it’s meant to test your knowledge of the area of law which the question borders. There are several types of law exam questions: • Short answer • Essay questions • Fact based/ Problem Questions. These question types would be addressed in detail subsequently. But we will be discussing, today, on how to prepare for law exams and what makes an examiner grade some students higher than some other. The General Purpose of Law Exams Like I earlier stated, the purpose of law exams isn’t to see how much a student can cram or how many laws a student knows. Success in law exams require not only mastery of the material but the demonstration of an ability in legal analysis. The purpose of law exams is ...
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