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Traditionally, a contract is formed when an offer is made and accepted. There must also be valid consideration, something given. If you sign a contract to borrow money, the lender gives the loan of money; the borrower in return gives his promise to pay. Contracts can also be implied by conduct, but this is much trickier to prove and enforce.
What else can I help you with?
Contract law is based on 3 principles of privity of contract and sanctity of contract and freedom of contract?
looking at the case law and other authorities do you think that contract law today is based on yhe three principles of privity of contarct,sanctity of contarct andfreedom of contract
How much does the Samsung comeback cost?
i think 79.99 with the two year contarct 249 wihtout the two year contrarct
Show an example of a business contract?
I am not a business owner but I am trying to get an investment loan from a business what kind of contarct should i have to present to them
An increase in the aggregate price level will increase?
a clause in a contarct that automatically increases wages to account for increases in the price level
Can Anyone Suggest Me Custom Made Wedding Chocolate Gift Providers In Dubai?
There are a number of service suppliers in Dubai. It would be advisable to seek a local company where you can visit and examine examples of their work prior to offering a contarct
What is the definition of reciprocal promise in contarct law?
Reciprocal promise to do things legal, and also other things illegal.-Where persons reciprocally promise, firstly, to do certainthings which are legal, and, secondly, under specified circumstancesto do certain other things which are illegal, the first set ofpromises is a contract, but the second is a void agreement.(Sec 57)
What are the chief characteristics of a contract explain them?
contract is 1. an agreement having 2. force of law. these two are important. but it may also include lawful consideration, free consent of parties, lawful objecctand apties must be competent to contarct . this creats a valid contract. otherwise it may become viod contract or voidable contrac. . . . madeeha_kanwal
How much does Steven Stamkos make?
Stamkos is still in his entry level contarct, making him $875,000 before bonuses. If he were to receive all of his performance bonuses, which is quite possible considering he is leading the league in scoring, he can make up to $3,725,000. This is his final year of his contract, so expect him to be receiving a hefty pa raise in the near future.
How long is a m4 carbine?
New, just over $500. I've seen used in very good condition for $300. You can't find a good M4 upper for $500 let alone an entire rifle. You'll be looking at around $1000 total.
Will there be 2011 Lego Star Wars sets?
yes there will be, Lego did a new contarct with lucas arts rumored sets are : 7913Clone Trooper Battle Pack3[4]$10.99[5]Jan. 2011[6]7914Mandalorian Battle Pack3[4]$10.99[5]Jan. 2011[6]7915Imperial V-Wing StarfighterTBA$24.99[5]Jan. 2011[6]7929Battle of NabooTBA$29.99[5]Jan. 2011[6]7930Bounty Hunter GunshipTBA$49.99[5]Jan. 2011[6]7931T6 Jedi ShuttleTBA$79.99[5]Jan. 2011[6]
What is valid contarct?
A valid contract is an agreement enforceable by law. A Valid Contract is defined under Sec 2(h) of the Indian Contract Act, of 1872. To know the essential features of forming a valid contract, please refer to Desire 4 Legal Knowledge
How the contract become witheld?
Contract can be witheld on the following basis: 1. If the contract is not signed by any minor or has not attain the age of 18. Which means in the person signing the contract is under the age of 18, the contract is voidable. 2. If the contents of the contarct is not legal. 3. If the contract has been signed under some illegal pressure, misrepresentation, undue influnce or coersion. 4. If the contract is signed by any person who mentaly disable. 5. If the contract is against the public policies. 6. If the contract doesnt have valid or enouhg consideration. here can be many more reason but it depends on the nature, laws applicable and interpretation of the contract. Kamal Bassi, Legal consultant in UAE and India 97155-9138515 kamalbassi01@gmail.com
