Basic Principles of Contract | Contract Law

The Attorney-General of Belize and others v. Belize Telecom Limited

The Attorney-General of Belize and others v. Belize Telecom Limited [2009] UKPC 10 (S.9: Implied Promises) FACTS: The decision concerned the construction of the articles of association of a company incorporated to take over the undertaking of the Belize Telecommunications Authority, a public body which had been the monopoly provider of telecommunication services in Belize….

Basic Principles of Contract | Contract Law

Wood v. Lucy

Wood v. Lucy 118 N.E. 214 (1917) (Consideration, Implied Promise S.9) Facts: Lucy, a fashion designer, employed Wood who was to have an exclusive right to market her endorsements on products. In return, she was to have one-half of all profits or revenues that are derived from any contracts he might take. Wood accused Lucy…