0
What else can I help you with?
Legal Services Agreement?
Get StartedThe Legal Services Agreement documents the terms of the sale of services by a legal provider (the "Law firm") to another company or an individual (the "Client").The basic elements of the Legal Services Agreement are:Identification of the parties.A description of the services to be performed.Payment terms."
Can contracts entered into paper be entered into electronically?
In a well-drafted contract document, there is a sub-article within an article usually titled "Miscellany" wherein it is specified which precise writing constitutes the only lawful reduction to writing of the agreement between the parties. The parties could, of course, agree that a certain, electronically-recorded copy is such an "official" document.
Does a verbal agreement stand up in court?
In some cases, yes, a verbal agreement can be legally binding and enforceable in court. However, it may be difficult to prove the terms of the agreement without written documentation or witnesses. It is generally advisable to put important agreements in writing to avoid misunderstandings and legal disputes.
What classifies a legally binding contract in Virginia?
There must an offer, acceptance, and consideration. These are all legal "terms of art" beyond their generally understood, everyday meanings. Law school students spend twenty per cent of their first year in law school exploring the intricacies of these terms. An offer means there must be an offer, either expressly stated, or implied, to buy or sell, or to perform some service, or to have some service performed. Acceptance means that another party must have accepted the offer. If the party accepting seeks to alter the terms of the offer, he may not have accepted at all, but may have made a counter-offer. Consideration means that something must have changed hands - money, services, or forbearance from doing something - like selling to someone else. Without a court's being able to find "consideration" the contract will fail (be unenforceable) for want of consideration. But any consideration will do - in the ancient legal dictum "a peppercorn will suffice". Beyond this, under the Statute of Frauds, a contract for the sale of goods of a value of $500 or more, or for the sale of land, must be reduced to writing and signed by the party sought to be charged. This means that for the sale of something worth more than $500, or for the sale of land, if one party backs out and the other wishes to enforce the contract in court (compel performance), the contract has to be in writing, and the party who is now trying to back out has to have signed the written contract.
What difference between law of contract and law of tort?
Contract law is based on an enforceable written or verbal agreement. The elements of a breach oc contract claim are offer, acceptance and consideration. "Consideration" is value given or promised to support the undertakings of each party to the contract. It can consist of various things, such as money, services, or the mutual exschange of promises. Some contracts must be in writing in order to be enforceable. Contracts made for an illegal purpose, for example gambling or prostitution, are not enforceable at all (assuming the place where the contract is made does not permit the activity) Tort law is the law of "personal wrongs" and is different from contracts. An example of a tort is negligence. Negligence is the failure of a person to use that degree of care that a hypothetical "reasonable person" would use under similar circumstances. If someone is harmed or sustains damages as a result, the wrongdoer may be held liable. In general, the extent of damages recoverable are those which are reasonably foreseeable from the standpoint of the wrongdoer. As a practical matter, that measure of damages is fluid in that "reasonably foreseeable" is determined by the finder of fact (judge or jury).
Can verbal agreement change lease?
Probably not. Any agreement made in writing can only be altered in writing.
Is it necessary for a contract to be in writing?
In most cases, a contract does not have to be in writing to be legally binding, but having a written contract can provide clarity and evidence of the agreement in case of disputes.
Can failing to fulfill a verbal condition to a written contract render it null and void?
You cannot verbally modify a written contract. Lawfully a binding legal contract can only be changed using the same medium as the original agreement. (i.e. Verbal contracts can be changed by other verbal agreements). It's not a legally enforceable and binding contractual term if it's not in writing.
Is an oral contract vaild?
An oral contract can be legal. The agreement cannot violate the statute of frauds, which requires writing for certain agreements.
What are the differences between a simple contract and a formal contract?
simple contract cane be formed as verbally or as writing whereas formal contracts can only be formed as writing.
What is a example of an agreement that would need to be in writing to be enforceable?
A contract to buy or sell real property (land/house) must be in writing to be enforceable.
In the state of Arizona a verbal agreement IS legally binding?
No, a contract must be in writing. (You can lie all you want to!)
Does a finder's fee require a contract?
Any time you want to be able to enforce an agreement it must be in writing.
Is verbal notice for cancellation of rental agreement by tenants legally acceptable?
No. Termination of a contract must be in writing.
Is there a loop hole in every contract?
No. The purpose of a contract is to reduce to writing an agreement between the parties. Although poorly drafted contracts are common, there are no loopholes in a well drafted contract.
What is the contract that is stated in written or spoken words considered to be?
It is considered to be an express contract, where the terms and conditions of the agreement are explicitly stated either verbally or in writing.
Every contract involves an agreement but every agreement does not necessarily result in a contract Explain?
Yes all contracts are agreements but all agreements are not contracts. Only those agreements are contracts which can be executable by law and those agreements which cannot/impossible to execute by law is not a contract. For e.g A agreed to pay B if C default payment is a valid contract. where as A agreed to pay B if B do a favour which is illegal is not a contract.
