QS v B Ltd [2024] NZDT 24 (4 February 2024) [pdf, 217 KB]
...$1,006.25, being the balance on the invoice that B Ltd said is still owing. What balance if any, is owing on the contract? 3. The common law of contract allows parties to enter into contracts that are legally binding. A contract can be written or formed verbally or inferred from the parties’ conduct. A contract is formed when both parties decide to exchange something of value and essential terms of the contract are agreed to. If a party breaches an essential term of a contract, t...