Characteristics of a Contract Under Kenya Contract Law

A contract has certain characteristic features:
*.It is a juristic act. The law attaches the consequences intended by the parties.The parties should be aware that they creating alegal obligation between them.
*.It is necessarily bilateral or even multilateral; a contract cannot be unilateral.
*.It entails promises or undertakings, on one or both sides, to make certain performances: that is, to give something (dare), to do something (facere) or to refrain from doing something (non facere).Alternatively, it may be a warranty that a certain state of affairs exists.
*.It usually entails reciprocity, in that one party's performance is promised in exchange for the performance of the other party.The modern concept of contract is generalised, such that an agreement does not have to be of a specific type before it maybe enforced, but contractual parties are required to conduct their relationship in a manner consistent with good faith orbona fides.