It does not however contain the whole story. The law of contract is constantly developingboth through the courts and via Statute. In recent years a number of superior courtdecisions have changed — and, on occasion, fundamentally changed — the way in whichall courts now look at questions involving areas of contract as diverse as promissoryestoppel, privity, implied terms, exemption clauses, mistake, illegality, duress,unconscionability, calculation of damages, restitution and remedies in general. Statute hasalso had a significant influence — especially in the consumer protection area — and thisevolutionary process is likely to continue into the future. The fundamental framework is,however, unlikely to change greatly. Both business and the community generally need (andare well served by) the certainty that an established and relatively consistent law of contractprovides for all of its commercial and quasi-commercial dealings.
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