Freedom of contract is a fundamental principle in contract law that allows parties to freely negotiate the terms of their agreements without undue interference. This principle is subject to limitations imposed by law to prevent unfair practices and protect public interests.

Freedom Of Contract

Contract law governs the creation and enforcement of agreements between parties, ensuring that promises made are legally binding and enforceable. It provides the framework for determining when a breach has occurred and the remedies available to the injured party.

Contract Law

Negotiation of terms

Undue interference

Limitations imposed by law

Unfair practices refer to actions that deceive, exploit, or harm individuals or entities, often in violation of ethical standards or legal regulations. They can occur in various contexts, such as consumer protection, labor relations, and business competition, and are typically addressed through regulatory frameworks and enforcement mechanisms.

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