Contract Law

Webber Wentzel Attorneys has a history which stretches over a century, and as South African attorneys they have witnessed massive changes and have always managed to weather the storms, both economically and socially, and today they are one of the best known legal firms in Southern Africa. The interesting history of the law firm can be viewed on the Webber Wentzel website, www.webberwentzel.com, and the timeline includes the political changes in the country which has a direct impact on the firm. Currently, the firm specializes in several practices areas, which include contract law, BEE or Black Economic Empowerment, Mergers and Acquisitions, Mining, Energy and Natural Resources, as well as Insurance and Legal liabilities and Employment and Employee benefits. Contract law involves the drawing up of contracts, wherein a contract is an agreement between two parties in which one party agrees to do something, and the other party accepts the terms of the offer or the terms of the contract. In order to satisfy contract law, several requirements need to be met, such as the fact that both parties are in agreement with the contract, and at no time should a party to be forced into an agreement. Above all the contract should be legal, meaning that in no way can the contract go against the laws of the country or be immoral. In contract law, the person who is accepting the contract must possess the necessary legal power to enter into a contract, and as such, minors, individually who are mentally challenged and those who are drunk or drugged will not be considered to have the legal power to enter into a contract, in terms of contract law.

In all walks of life, contracts are drawn up, and contract law will state that should either party not meet their end of the agreement, certain consequences will result. In contract law, should a contract be broken, the legal route would allow the aggrieved party to sue the other party for damages or claim costs which have been incurred due the contract being broken. Contract law is used by banks, employers, rental agencies; in fact, where there is a need to show legal binding between partiers, contract law is relied upon. Webber Wentzel has years of experience in contract law and to this end, should you require a contract be drawn up, the Webber Wentzel team of lawyers will be able to provide assistance with the drawing up of a contract and their knowledge of contract law will also allow them to view the legality of any existing contracts.

According to contract law, the contract will end if each party has satisfied the terms and conditions of the contract, or should one party pass away, this will then end the contract. Webber Wentzel has represented many well known South African clients, including AECI, ABSA, Anglo American and Toyota, because of the fact that they have a precise understanding of contract law. In order to view the other practice areas of Webber Wentzel, feel free to visit the site and find out more about how our legal knowledge and experience have allowed us to represent several renowned South African businesses.