An implied-in-fact contract is formed based on the parties' conduct and circumstances, while an implied-in-law contract is not based on the parties' intentions but is imposed by the law to prevent unjust enrichment.
temporary/contract work
"Contract of sell" is just "contract of sale" misspelled.
Difference between Percentage of Completion method and Completed Contract method?
the are just different.
Discharged mean terminated. A contract can be discharged by -performance -frustration -Agreement between the parties and -breach If there is a breach of terms of the contract, a contract can be discharged.
"In finance, a contract for difference is a contract between two different parties. Buyer and seller are involved. The buyer has to pay the seller the difference between the current value of the thing and its value during contract time."
Contract of affreightment is hiring the vessel or part of the vessel on the other hand charterparty contract mean the trade agreement between charterer and the shipowner.
a contract is LEGALLY BINDING, an agreement is not necessarily legally binding depending on the circumstances
The main difference between a void contract and an illegal contract is that a void contract is no longer valid. It's lost its authenticity. An illegal contract is a contract that is not legal in the name of law. Therefore, it is not relevant.
The only difference between a long call option and a long futures position is the derivative itself--one of them is an option, the other is a futures contract.
Addendum's are often added to contracts in order to add or make changes to the contract. Attachments on a contract are often found in e-mails.
An express contract is a contract in which the terms of the agreement are stated in words, (oral or written) while an implied-in-fact contract is a contract formed in whole or in part from the conduct of the parties.