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Oyemaja's Contract and Company Law
3 students

Oyemaja's Contract and Company Law

Contract and Company Law made easy
Created byOyebanjo Olamide
Last updated 10/2021
English

What you'll learn

  • Learn the introductory aspects of Nigerian contract law
  • Learn the core principles of company law in Nigeria
  • Learn the recent developments of company law in light of the latest Nigerian Companies and Allied Matters Act
  • Learn basic public speaking as a bonus course.

Explore related topics

Course content

3 sections • 26 lectures • 1h 47m total length

  • Introduction1:57

    Define contracts and distinguish them from agreements, explain that only contracts are enforceable by law, and illustrate with an example of a non-enforceable e-commerce promise.

  • Simple and Formal Contracts1:38

    Explore the family tree of contracts by comparing simple and formal contracts, noting deeds, signatures, written or implied forms, and the role of valuable consideration.

  • Express and Implied Contracts1:48

    Explain express and implied contracts by showing how terms are communicated and enforced, with examples like club entry and cab rides to illustrate conduct implying obligations.

  • Executed, Void and Unenforceable Contracts2:38

    Understand the difference between executed and executory contracts, where performance is complete by one or both parties. Learn how void, unenforceable, and illegal contracts affect validity and enforceability in law.

  • Offer 13:42

    Learn how a definite offer, acceptance by performance, and intention to create legal relations bind parties, illustrated by Kaleen and Carbolic Smoke Ball Company's advertisement.

  • Offer 23:29

    Explore how invitations to treat differ from offers, with examples from ads, catalogs, online listings, and auctions. Examine when contracts can be withdrawn in transportation and other contexts.

  • Acceptance 14:41

    Explore IT contract basics: offer, acceptance, consideration, and the intent of negotiations, emphasizing that acceptance must be definite, communicated, and not a mere intention or silence.

  • Acceptance 24:30

    Examine when acceptance occurs in contract law, emphasizing knowledge of the offer, performance, and communication rules; distinguish offers from invitation to treat and explain when acceptance is received.

  • Acceptance 32:17

    Explain the acceptance by post rule, where a contract forms when the letter of acceptance is posted, and note revocation before it reaches the offeror, as in the Adams case.

Requirements

  • No need for prior degree in law or previous legal knowledge

Description

In this course, you will be introduced briefly to the basic principles of contract. In this wise, we have covered the various types of contract. This includes simple contracts and formal contracts, express contracts and implied contracts, executed contracts and void contracts. We have also covered the first two elements of any valid contract. This includes the principles of offer, valid offers, revocation of offers etc. On the element of acceptance, we have included salient points of law on what amounts to an acceptance, for instance, counter-offers, cross-offers etc. and whether they amount to a valid acceptance. You will find several other principles. Bear in mind that we have discussed these in line with Nigerian law. We have taken the time to create an interlude for you by providing a bonus course which we believe will be very beneficial for both law students and non-law students. Public speaking is an essential skill which everyone should have; in the least, the barest minimum. If you are uninterested or are already a skilled public speaker, you may skip this section and proceed to company law practice. Here, we have delved more deeply into the principles governing companies, business names and incorporated trustees in Nigeria. This is to benefit students of the Nigerian Law School.

Enjoy!

Who this course is for:

  • Businessmen desirous of supplementing their knowledge and enriching their decision making process with knowledge of basic legal principles.
  • Law students and students of the Nigerian Law School desirous of a simplified curriculum to augment their academic reading

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