🔴 DEFINITION: Contract law in England and Wales is one of the oldest and most fundamental areas of substantive law. It is rooted in the common law and has been developed primarily through case law, while now being extensively supplemented and regulated by statute.

It governs the principles of contract formation, performance, termination, and breach, as well as the remedies available for breach and the vitiating factors that may affect the validity or enforceability of a contract.

English contract law is characterised by several distinctive features, reflecting its historical development, emphasis on party autonomy, and pragmatic, case-based approach.

1. Existence and formation of a contract
2. Contents of a contract, including express and implied terms
3. Causation and remoteness of loss
4. Vitiating factors affecting validity and enforceability
5. Discharge of contract and remedies for breach
6. Unjust enrichment