The short answer is that the terms of the contract, presuming it is a written agreement and not an oral one, will determine whether you are able to prematurely terminate the contract without further liability. Without actually seeing the contract, I would suggest: Pay specific attention to the provisions dealing with the "term," "termination" or "early termination." Depending on your contract, you may be required to pay the remaining obligation under the contract or an early termination penalty. If you believe the other party has not fulfilled their end of the contract, or you believe the other party is "in breach," you may have the right to terminate the contract by providing written notice to the other party. However, again, depending on what the contract says, the other party may have an opportunity to "cure" the defect or breach. I would suggest you consult an attorney to review the terms of your contract and advise you accordingly.
Contract to sell is an executory contract while contract of sale is an executed contract.
contract is contract
contract is contract
contract is contract
Getting out of contract can be made by executing or exhausting the object of the contract or using applicable contract provisions that can get you out of contract.
Yes, an implied contract is an actual contract.
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oral contract
internal contract is a contract that exists between the principal and agent. external contract is a contract that exists between the principal and a third party.
A breach of contract does not void the entire contract. It can still be enforced.
He opted out of his contract, then he signed the contract.
contract