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Contract Law

Law covering the establishment, administration of contracts (legally enforceable agreements), the rights and obligations of those entering into contracts, the validity of contracts and disputes over contracts.

2,211 Questions

What are the conditions of contract?

"Terms and Conditions" is a common phrase associated with contracts. They provide specifics on what things need to be done by both parties. It may indicate what date the bill is to be paid, the process for changing clauses in the contract, or even what happens at the end of the contract. The T&C's on a contract can be one or two paragraphs, or even run to hundreds of pages.

What are an Example case of consideration in the law of contract?

For example, if you went into a store to buy a computer for $500 then the computer is consideration from the store and the $500 is consideration from you.

Consideration simply means something of value given by each party to a contract and there must be consideration on both sides for the contract to be valid.

If the store promised to give you a free computer and later changed their mind, you could not hold them to the contract because you did not offer them anything of value - there was no consideration from your side.

What is the difference between an employee and an independent contractor?

A small business person may be an independent contractor, meaning only that he or she sells services for a fee, as opposed to being an employee (which is distinctly not "independent"). An independent contractor refers to anyone selling you services (often a corporation or LLC, but also any small business), as long as it is not a joint venture or employment relationship.

Do you have to sign a contract?

yes because when u are signing papers they will ask for a signature

What is offer in contract?

An offer in its shortest form is basically an invitation to contract.

Does an email constitute written notice for eviction?

Yes it does constitute a written notice.

Another View: (in the US) NO, an e-mail does NOT serve as a legal notice because there is no confirmation that it was sent by an individual who had the legal "standing" to send it - or sent to a valid e-mail address - or received by the person for whom it was intended.

What is the function of a non-disclosure agreement?

A nondisclosure agreement is a contract signed by one party to protect the private interests of the second party by having the first party agree to keep secret certain defined details shared between the two. In other words, it is a contract that restricts access to certain information by preventing a person (or persons) from disclosing that information to external parties.

This is usually required by corporations and other private entities to protect proprietary secrets or other sensitive information so that they cannot fall into the hands of competitors.

In some cases, even a bilateral nondisclosure agreement may be involved, which requires that both parties agree to not disclosure certain secret information that they both will be offering or sharing.

What is the legal status of a verbal contract?

Three Elements of a Verbal Contract In order to be considered valid, a verbal contract must contain three elements: offer, acceptance, and consideration. • Offer: The person making the offer in a verbal contract must communicate their intent to enter into a contract. A verbal contract is not considered valid if all parties do not agree to the terms of the offer. Also, verbal contracts are only valid for a specified period of time and not indefinitely. • Acceptance: A verbal contract is not valid until the offer is accepted. The acceptance of a verbal contract occurs when the person to whom the contract is offered voluntarily indicates agreement to its terms and conditions. • Consideration: In addition to an offer and acceptance, verbal contracts must contain consideration. This means that each side must give the other something of value for the agreement to be binding. In most verbal contracts, this is an exchange of money, such as a down payment. However, in some cases, it is not money but a promise that is exchanged. Verbal Contract Law Verbal contracts are a convenient and commonly used form of agreement between two parties. However, the main problem with a verbal contract is that if any problems should arise and there were no witnesses to the agreement, the case is reduced to one party''s word against another''s. Even if verbal contract law is followed, a verbal contract is often easily contested. The best way to ensure that your contract will be binding is to consult with a legal professional who can help you understand the law and determine your options. If you are involved in a dispute over a verbal contract, a qualified contract lawyer can help you maximize your legal rights and interests .

Is a medical bill a written contract?

When you first visit the doctor, there is a form you sign stating that you are ultimately the one who is responsible for the bill. If the insurance does not pay when they should, you need to get after them to get the problem solved. After a couple of years, they do not have to pay if you have not sent in a claim.

What is the difference between a simple contract and a mere agreement?

A simple contract is one that is very basic and on paper with signatures. A mere agreement may only be verbal.

What is a contract execution date?

At some point in a condemned person who has been given the death penalty, all appeals to lift the death penalty runs out. At that point a court decides when a condemned person will be executed. The appeal process on death penalty cases can run for 20 years or more.

What are main differences between criminal law and civil law including tort law?

Quite simply, criminal law deals with violations of statutory crime and its punishment, civil law deals with non-criminal things such as contracts/business, and things such as divorce, etc. You can be charged under both criminal and civil proceedings though. A perfect example is OJ Simpson being aquitted of criminal charges but being found guilty in civil proceedings. Probably the biggest difference between the two is what is called "BURDEN OF PROOF"

In criminal proceedings the burden is "BEYOND ALL REASONABLE DOUBT" for someone to be convicted. This means that the evidence points substantially towards guilt and there is little to no question of guilt. For a jury in this case you would need everyone in agreement or the case is a mistrial. Unaminity is the key.

In civil proceedings all that is required is "preponderance of evidence" which means that if it is found that it was more likely than not that an incident occured then you can be convicted. This kind of proceeding is really a "who has the best evidence" type of case. Only a majority of jury members decision is needed in this case.

ANSWER 2

1. Criminal Law cases must prove the person's guilt beyond reasonable doubt, whilst civil cases must be proved on the balance of probability

2. The main difference however is who the law is aimed at.

Theoretically criminal law is a considered to be harming all members of society. Consequently, the victim of the criminal case is all of society; hence the case is brought on behalf of the police and prosecution on behalf of society. In contrast to this, civil/private law, the offence is committed against the individual :)

What are examples of express contract?

Express contract: Express contract is one which is made by words spoken or written. Example No. 1: X says to Y, will you buy a car for Rs. 100000? Y says to X, I am ready to buy you car for Rs. 100000. It is an express contract made rally. Example No. 2: X writes a letter to Y, I offer to sell my car for Rs. 100000 to you. Y send a letter to Y, I am ready to buy you car for Rs. 100000. It is an express contract made in writing.

Industrial disputes settlement machinery under industrial disputes act 1947?

1. Work Committee.

2.Consolation Officer.

3.Bord of consolation.

4.Labor court/Industrial Tribunal/Nation Tribunal.

5.Voluntary reference to arbitration.

Runu Chakrovorty

Vill+P.O:Chandpara

Dist:Birbhum

Pin:731241

West Bengal.

A contract is enforceable by what law?

Contracts are not enforceable by law, rather by the principles that are enforced by the courts. If a contract exists ( which is always a question posed by the court ), and there is a breach of contract, the courts will apply precedent and principles from the previous cases to determine the matter. There is to an extent a concept of common law meaning court made law that regulates this area, but there is no law as such that regulates the law of contract. No law of parliament is generally used in this kind of law.

If this is not the desired answer or would like clarification, visit

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Can a 17 year old enter into a legal contract in Tennessee?

During research I found many websites with conflicting (and oftentimes personal), opinions on this question. Tennessee's statutes seem vague on this subject but the below seems to be the most authoritative source I could find. TENNESSEE: 18 years of age; unless child is still in high school; in such cases emancipation occurs when child graduates from high school or when he/she reaches age of majority.

SEE: http://www.tangledmoon.org/majorityage.htm

Can a letter of intent for a construction contract be considered a binding contract?

Letters of intent typically do not lead to liability for divergences of act or in omission as to their content, in and of themselves. However, the manifestations through letters of intent can affect findings of fact and conclusions of law as to duties, rights and obligations as to subsequent contracts and the legal implications and consequences arising from associated commercial activities.

What are the conditions that much apply before a contract is considered valid?

There are generally six requirements of a valid contract:

1. Agreement- which requires offer and acceptance.

2. Considerations- money.

3.Capacity to contract- Must not be minor, insane or intoxicated.

4.Genuineness of Assent- intention of both parties when contract was entered into.

5. Lawful purpose- must be for legal use in order to be a valid contract or enforceable contract.

6. Lawful Form- if the law requires it to be in writing it must be. Statue of Frauds requires that all Real Estate contracts with the exception of a residential lease lasting less then 3 years must be in writing.

Only after all these requirements have been met can a contract be deemed valid and legally enforceable.

A meeting of the minds is the most important aspect.

In some cases the court can infer contract terms if they determine that there was a contract. The two key items are the Who and What.

Who - The names of the parties.

What - The obligations of the parties. How much, when and what is the price.

Who is the offeree and offeror in a tender?

Any offer is a statement of intention to contracting normally it is directed to a specific party to whom the offeror want to contracting . Its any important Term because all contracts start with it if they're going to be legal binding . After any offer has been accepted no further discussion or negotiation will follow .

Offeree is one to whom the offeror is directing the offer , simple that this is the party who will accept the offer . note : Offer is done by the Offeror to the Offeree if the Offeree accept the offer then the contract will be completed .

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