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Can a person incur obligations even without entering into contract or voluntary agreement?
Wiki User
∙ 10y ago
No
Wiki User
∙ 10y ago
Anonymous
Cablayan Chris jaise...
why?
Anonymous
Yes, because obligations do not only arise from contracts. They can beimposed by law, arise from quasi-contracts, from crimes or acts oromissions punished by law and from quasi-delicts or torts. You canhave an obligation so that no one will be unjustly benefited or enrichedat the expense of someone else, or if you commit a crime, or if youcause damage due to fault or negligence.
Anonymous
kol'[[lp]
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May a person incur obligations even without entering into a contract or voluntary agreement?
Yes, oral or written agreements are contractual obligations.
Why should you read user agreement before commiting to it?
You are agreeing to all the provisions, obligations, agreements, consideration and terms of the contract. You need to read it carefully to determine what they are before you agree to be legally bound by those obligations.
What is a credit risk when entering into a derivative contract?
Credit Risk. Credit risk or default risk evolves from the possibility that one of the parties to a derivative contract will not satisfy its financial obligations under the derivative contract.
What are some things that a contract lawyer does?
promissory liability, the interpretation of words and conduct as well as the nature of obligations assumed by entering into contracts. They also solve problems relating to breach of contract, unfairness as a reason for avoiding contractual liability,
What are key considerations franchisees should entertain in entering into a franchise agreement?
Potential franchisees need to determine not only what protection they will receive for their earnings if they are successful, but also what obligations they will be responsible for if the franchise fails.
What are voluntary and involuntary relationships?
ANSWER:Let see here, what is the difference between this two. Voluntary relationship is an agreement or decision from both man and woman entering a relationship or affairs. Involuntary is a decision of one person without the other person agreeing with it. It's like day and night, or black and white.
What morally counts for social contract ethics?
those who are capable of entering into the contract.
What are the functions of contract law attorney?
What is Contract Law? Contract Law typically governs the duty obligations and rights of parties to engage in various types of legal agreements and transactions with one another. The legal area of contract law defines the essential elements of a contract, types of binding contract, establishes what constitutes a breach of contract repercussions of a breach contract. Contract Law Many types of contracts exist and the use of contracts is often very important to the smooth functioning of an economy. Legally binding contract help to protect consumer rights by governing transaction from as well as the purchase of them who had large as the purchase of a home Even the sale of multinational corporation can be protected by the obligations set forth under and enforceable contract Essential Elements Of A Legally Enforceable Contracts In its simplest form, a contract can be considered for voluntary agreement to exchange services or goods that becomes enforceable by law To expand upon that further, a contract can be a private understanding between two or more active in an agreement to trade products or services that have a value Legally Enforceable Contracts In the Contract Law may become legally enforceable when all of the following Essential elements are included: OFFER - One party makes an offer to another party for goods and services. ACCEPTANCE - Said party accepts the other party’s offer. CONSIDERATION - An agreement is made to extend goods and services with one another. The three Essential elements of an enforceable contract typically include offer acceptance and consideration Contract Law Attorney Contract Law Attorney can be a highly useful tool when seeking to engage in a contractual obligation and dealing with the replication of a breached contract. If you need a Contract Law Attorney in Newark, NJ, Moldovan Law Firm will help advise you on making a well informed decision prior to entering a contract. They help to write the binding process of the contract and negotiate what the terms are. These attorneys can also help identify a breach of contract and may represent individuals to help through it in a court. If you are looking for a Contract law Attorney in Newark, NJ. I would recommend you Moldovan Law Firm.
Social contract ethics those who count morally are?
those who are capable of entering into the contract
What is the age limit for entering a contract in Germany?
200
How can you get out of a state of nature?
By entering into a social contract and creating society
Is a verbal contract binding if one side fails to divulge everything?
No. If the person you are entering the verbal contract with fails to include information that would change your mind on entering the contract, the contract will not be valid. It is considered a voidable contract which means that you are at liberty to either accept or deny it. Intentional misrepresentation, not including puffery, in order to form a contract is fraud.
