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This textbook takes a fresh approach to contract law; as a first edition it reflects the subject in the 21st century more accurately than other texts. Comprehensive and scholarly, it maps the curriculum perfectly but detailed references and further reading sections encourage students to explore the subject further. Understanding is paramount and chapter introductions clearly guide students through the material. The textbook takes an innovative approach to case law: breaking down and discussing individual elements of a case and selecting short key extracts it gives students the tools to read cases independently and with confidence. An examination of the historical and theoretical foundations of the subject and a concluding chapter tracking emerging fields ensure the broadest possible perspective. Discussion of key recent cases such as Durham Tess Valley Airport (2010) and Chartbrook (2009) make this important new text a must for contract law students. Table of Contents Part I. Introduction 1. Main features of contract law Part II. Formation 2. The pre-contractual phase 3. Offer and acceptance 4. Certainty Part III. Consideration and Intent to Create Legal Relations 5. Consideration and estoppel 6. Intent to create legal relations Part IV. Third Parties and Assignment 7. Third parties 8. Assignment Part V. Vitiating Elements 9. Misrepresentation 10. Mistake 11. Duress, undue influence, and unconscionability Part VI. Terms and Interpretation 12. Terms in general 13. Implied terms 14. Interpretation and rectification of written contracts 15. Exclusion clauses Part VII. Breakdown and Liability 16. Frustration 17. Breach and performance Part VIII. Remedies for Breach 18. Judicial remedies for breach of contract 19. Consensual remedies for breach of contract: liquidated damages and deposits Part IX. Illegality and Public Policy 20. Illegality and public policy Part X. The Future 21. International and European soft law codes lessons for English law