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Contract Law
Since the ancient years, people are entering everyday into contract with other people and/or entities. The need to regulate the behavior of the parties who have entered into a contract gave rise to the law of Contract. This is the body of law that governs and regulates the enforcement of a contract. In essence, contract law is the basis of all commercial dealings.

In Cyprus there is a specific legislation which regulates contractual behaviors and this is the Contract Law, Cap. 149. There are also various decisions of the Supreme Court which apply and clarify a number of issues that may arise in a conflict of a contractual relationship (common law).