Civil Law Act (Cap. 43): Primary legislation governing contracts and guarantees in Singapore. Section 6(b) specifically requires guarantees to be in writing and signed to be enforceable.
Contracts (Rights of Third Parties) Act: Governs how third parties may enforce terms of a contract, which is relevant for guarantee agreements involving multiple parties.
Limitation Act (Cap. 163): Sets time limits for bringing legal actions relating to guarantee agreements and other contractual claims.
Unfair Contract Terms Act (Cap. 396): Regulates unfair terms in contracts, including guarantees, particularly regarding exclusion and limitation clauses.
Companies Act (Cap. 50): Relevant for corporate guarantees, defining companies' powers to provide guarantees and directors' duties.
Banking Act (Cap. 19): Applicable when guarantees involve banking transactions or financial institutions.
Consumer Protection (Fair Trading) Act: Protects consumer interests in guarantee agreements where one party is a consumer.
Common Law - Contract Principles: Fundamental principles of contract law including offer, acceptance, consideration, and intention to create legal relations.
Common Law - Doctrine of Consideration: Legal requirement that something of value must be exchanged for the guarantee to be legally binding.
Common Law - Contractual Capacity: Rules determining who has the legal capacity to enter into guarantee agreements.
Common Law - Constructive Notice: Principles regarding what parties are deemed to know or should have known when entering into guarantee agreements.
Writing Requirements: Statutory requirement that guarantee agreements must be in writing and signed to be enforceable under Singapore law.
