Without the law of contract, there would be no legal framework to enforce agreements between parties, leading to widespread uncertainty and mistrust in transactions. Individuals and businesses would struggle to hold others accountable for promised actions, resulting in a chaotic marketplace. This could stifle economic growth, as people would be less inclined to engage in trade or invest in ventures without the assurance of legal protection. Ultimately, social interactions and commercial relationships would likely deteriorate, hindering progress and stability in society.
READ your contract. It should tell you what will happen if you DEFAULT on the contract. What does your common sense tell you will happen if you dont do what you said you would do??
Generally, the action would involve breach of contract.
It would not be a valid contract. A contract to break the law is illegal.
If he flexor was not able to contract the person would not be able to bend his/her arm.
When doing the thing you were supposed to do under the contract would undermine the point of the contract.
(in the US) Contract law is quire clear and is not administered under "common" law. If the lease prohibits the lease from being "assigned" then it is not legally assignable. If there is no prohibition against it then it is legally permissable.
If there is a conflict between state law in road island and federal law what would happen
In order to answer your question your contract would have to be reviewed by a legal professional who specializes in contract law. You should arrange a consultation with an attorney.
A family relationship does not change contract law. If your contract allows for repossession when the buyer is in default, and your buyer is in default, then yes. If you do not have a contract then I would suggest you contact a local attorney who can guide you according to local law for non-contract debts.
Muscles cannot contract without calcium
No, a contract cannot supersede the law. The law always takes precedence over any agreements made in a contract.
Private laws are those that do not apply to everyone. An example of private law is a contract. As long as it is not illegal, you can contract for many things or you contract away your rights.