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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.

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4mo ago

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What is the law and what will happen if remainder of downpayment is not paid?

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??


When a private individual brings a suit against a company for breaking a contract this is an example of law?

Generally, the action would involve breach of contract.


What type of contract requires a law to be broken?

It would not be a valid contract. A contract to break the law is illegal.


What would happen to the arm if flexor was not able to contract?

If he flexor was not able to contract the person would not be able to bend his/her arm.


What is frustration of purpose under contract law?

When doing the thing you were supposed to do under the contract would undermine the point of the contract.


Under common law if the lessee assigned the lease what would happen?

(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.


Is there is a conflict between state and Rhode Island and federal law what would happen?

If there is a conflict between state law in road island and federal law what would happen


How can I breach my unclear contract?

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.


Can you have your auto repossessed from your son?

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.


What would happen to a muscle's ability to contract if calcium levels within the muscle were low?

Muscles cannot contract without calcium


Can a contract supersede the law?

No, a contract cannot supersede the law. The law always takes precedence over any agreements made in a contract.


What is an example of an private law?

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.