Usage of contract law in the Australian Law System.
Contract law is civil law of the state to frame a legal structure to govern those matters related to the contractual obligations of the people or organizations. As Australia uses a federal system of governance and the Austrian contract law broadly initiates itself from the common law system thus the law system of Australia is quite similar to that of Britain. The Australian contract law is based on the principle of providing equitable justice to the victim and punishing the wrongdoer, and the contract law of Australia is framed with a liberal approach that suits all aspects and levels of Australian society. Usages of contract law The contract law of Australia is usual to any other civil law of the Australian legal system. It tries to deal with matters related to legal agreements between people, the contract law not only regulates the formation of a contract but also deals with the enforcement of the same. In a broader sense, we can say that the Australian contract is the overall regula...