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A contract is any legally-enforceable promise or set of promises made between parties. In the civil law, contracts are considered to be part of the general law of obligations. This article describes the law relating to contracts in common law jurisdictions.

Comparison of contract and tort law

The law of obligations has traditionally been divided into contractual obligations, which are voluntarily undertaken and owed to a specific person or persons, and obligations in tort which are based on the wrongful infliction of harm to certain protected interests, primarily imposed by the law, and typically owed to a wider class of persons. Recently it has been accepted that there is a third category, restitutionary obligations, based on the unjust enrichment of the defendant at the plaintiff’s expense. Contractual liability, reflecting the constitutive function of contract, is generally for failing to make things better (by not rendering the expected performance), liability in tort is generally for action (as opposed to omission) making things worse, and liability in restitution is for unjustly taking or retaining the benefit of the plaintiff’s money or work [Beatson (1998) Anson’s Law of Contract, 27th ed. (Oxford: OUP), pg. 21].
(this article compliments of Wikipedia)

Contracts Law Resources

An overview of Contracts Law - Cornell Law School

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Contracts News

Government Query PCB Contracts (Sporting Life via Yahoo! UK & Ireland Sport)
The Pakistan government has asked the PCB for an explanation regarding central contracts.

Goverment Query PCB Contracts (Sporting Life via Yahoo! UK & Ireland Sport)
Pakistan's Sports Minister Aftab Shah Jilani said his ministry has asked the Pakistan Cricket Board for an explanation with regard to the central contracts awarded to players.

Jefferson Lab awards several contracts (Daily Press)
The U.S. Department of Energy's Thomas Jefferson National Accelerator Facility announced this week it has awarded several contracts as part of a $310 million upgrade.

Epic Data Announces Signing of Customer Service Renewal Contracts (T-Net British Columbia)
Vancouver, BC, January 8, 2009--(T-Net)--Epic Data International Inc. (TSX VENTURE:EKD), a provider of collaborative manufacturing optimization and visibility solutions, today announced the renewal of several support contracts with leading global aerospace, defense and heavy equipment customers.

Heli-One Secures New Contracts in Brazil (Marketwire via Yahoo! Finance)
Heli-One, an operating division of the CHC Group, announced today confirmation of new helicopter support and leasing contracts with numerous operators in Brazil. Contract details as follows:


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