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Deemed Contracts â Final report from Duty to Supply, Contracts and Information workgroup This document summarises the views of the Duty to Supply, Contracts and Information workgroup on the requirement for deemed contracts to be regulated in the supply SLCs.ummary: Retain the requirements for deemed contracts to include the terms set out under SLC 28(9). Remove the provision from the licence under SLC 28(10) that allows suppliers to include additional termination provisions that do not derogate from those required in SLC 28(9).
A contract has to be made up of several elements for it to be considered a legally-binding agreement. First, there must be offer and acceptance, or two or more parties agreeing to the terms. Next, both parties must be competent, or free of mental illness. All parties must mutually agree to the terms of the contract. Finally, there must be consideration, or an exchange of one thing of value for another. Our focus is on capacity and how the law views the legality of a contract when one or more of the parties is mentally ill. In the eyes of the law, a contract is voidable if a person is proven to have mental incapacity. Mentally ill can take on a few different diagnoses. One is considered mentally ill if the person suffers from: 1  Schizophrenia.