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Importance Of Contract Law In Malaysia

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In Malaysia our contract law is governed and enforced by the contract of 1970. The terms of the contract must be very specific and accurate so that there will be no controversy between the two parties. This is to avoid any performance of the contract to be ambiguous interpretation by the court. Thus the court might make error order which the parties never intended or contemplated. That is why, that is very important when making a law contract, the rules performance of the contract must be accurate and precise as the both parties as intended. The section 38(1) of contract Act 1950, make sure that the both parties keep their receptive promises unless it has been dispensed with by any law.

The understanding of capacity in contract law is that a person who entersan agreement is expected usually to be an adult who has a full capacity to enter into a contract. In Malaysia majority is known as any person who is above 18 of age as stated in age majority Act 1971 “ The minority of all males and females at the age of eighteen years and every such male and female attaining that age shall be of the age of majority” . However law has provided special protection for those who lacks in capacity such as the minor and a person who are not of a sound mind. …show more content…

There are some cases that we can review anduse as reference such as stated in section 10 and 11 of contract act 1950. A case which held between “MohoriBibee v Dharmodas (1903)”, “Tan Hee Juan v The Boon Kiat (1934)” and “Government of Malaysia v Gurcharon Singh

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