Statute of Frauds 1677, Section 4: Fundamental legislation requiring guarantees to be in writing and signed by the guarantor or their authorized representative to be enforceable
Contracts (Rights of Third Parties) Act 1999: Governs whether third parties can enforce terms of the guarantee, requiring explicit consideration of exclusion or inclusion clauses
Unfair Contract Terms Act 1977: Applies to business-to-business guarantees and regulates the reasonableness of terms and limitations in commercial contracts
Consumer Rights Act 2015: Applies when the guarantor is a consumer, imposing requirements for fairness and transparency in consumer guarantees
Financial Services and Markets Act 2000: Relevant for guarantees provided in connection with regulated financial activities
Consumer Credit Act 1974: Applicable to guarantees related to consumer credit arrangements
Common Law - Consideration: Legal principles governing the requirement for consideration in guarantee contracts
Common Law - Contractual Interpretation: Principles used by courts for interpreting guarantee terms and conditions
Common Law - Misrepresentation: Rules governing false statements or representations that induced the guarantee
Common Law - Undue Influence: Doctrine protecting guarantors from guarantees given under improper pressure or influence
