BEST (NIGERIA) LTD V. BLACKWOOD HODGE (NIGERIA)LTD AND 2 ORS.

SUBJECT MATTER: CONTRACT

CONTRACT– What constitutes a binding contract.

CONTRACT– Breach of- what constitutes same.

CONTRACT– Specific performance- meaning.

CONTRACT– Order of specific performance- what court must consider before ordering..

COURT– Concurrent findings of two lower courts- how treated by the Supreme Court.

COURT– Court of Appeal – failure  to consider a cross-appeal –consequence..

CONVEYANCING – Sale of an estate in land-stages involved.

It is basic that to constitute a binding contract, there must be an agreement in which the parties are ad idem on essential terms and conditions thereof.  The promise of each party must be supported by consideration

-Per  Fabiyi J.S.C.

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