Contract Law

A contract is considered perfecta if the object of sale has been clearly identified; the price has been determined; and there are no suspensive conditions

fixed-celling price with retroactive price redetermination

They can overrule statutory law if they find it not in keeping with the Constitution or case law.

Likely yes. Under general contract law principles, it is a valid contract and fully enforceable by the minor if the minor does not choose to void it. Which is why many businesses will not enter into contracts with a minor.

Yes, oral or written agreements are contractual obligations.

Not necessarily. The party that did sign it can be held to the contract, but only if the other party is relying on that and performed their part of the agreement. And depending upon the course of dealing and what has occurred between the two parties, there may be other reasons to hold that the contract is valid, even if neither of the parties signed it.

simple contract cane be formed as verbally or as writing whereas formal contracts can only be formed as writing.

Contract of indemnity - A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself, or by the conduct of any other person, is called a 'contract of indem­nity'. - - Illustration - A contracts to indemnify B against the consequences of any proceedings which C may take against B in respect of a certain sum of 200 rupees. This is a contract of indemnity. [section 124].

No, social contract theory is not a branch of contract law. Instead, it is a philosophical concept that explores the origins and legitimacy of political authority and the relationship between individuals and the state. Social contract theorists, like Hobbes, Locke, and Rousseau, discuss how individuals consent, either explicitly or implicitly, to form societies and governments for mutual benefit, which differs fundamentally from the legal principles governing contracts in law.

The deliverables under the contract must include all specified data types, formats, and quality standards required for project completion. This encompasses raw data, processed information, documentation, and any analytical reports. Additionally, the timeline for delivery and any relevant milestones should be clearly outlined. Compliance with applicable regulations and confidentiality agreements must also be adhered to.

The American social contract grows out of the Preamble to the Constitution, which demands that "we the people" work in partnership with government to "establish justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the blessings of liberty to ourselves and our posterity."

It varies depending on the jurisdiction. Rent and leases are written agreements, and usually have the longest limits of any type of agreement. Depending on where you are at, it could be anywhere from 2 to 15 years.

Yes under contract law a subcontractor can sue for breach of contract.

However subcontractors should become familiar with the state's construction or mechanics lien laws which grants them the right to lien the property to secure payment. Many states have preliminary or warning notices that must be served on the property owner(s), lender(s) and primary contractor within a specified period in order to secure lien rights. Do NOT lien a property without valid lien rights since you risk a multitude of retaliatory lawsuits.

It could depend on the type of contract and in which state. In California, if you sign a home improvement contract, (room addition, kitchen remodel, etc.) you have 3 BUSINESS DAYS to cancel IF you signed the contract in your home. If you signed it in the contractors office you cannot cancel by law. It also depends on who you are dealing with. If all you lose is your deposit, consider it a lesson learned. Otherwise, see an attorney.

Passing of risk refers to the obligation to protect the goods under contract until the event defined. For example, "free on board" (FOB) contracts transfer ownership and risk to the buyer from the moment the goods are loaded for shipment.

In many cases, absent a specific contract term to the contrary, the risk of loss passes from the seller to the buyer when the carrier offers the goods at the buyer's destination.

The party holding the risk is the one who should be responsible for insurance to cover the loss or damage to the goods. The other party may be asked to PAY for the insurance, but the loss would only be compensated to the person holding the risk.

Some reasons to break a mortgage contract are:

If the interest rate is above the legal rate for mortgages.

If the mortgage is given without an underlying debt (a promissory note), the mortgage contract is invalid. A mortgage is simply a pledge of the house as security for an underlying obligation. Without the note, there is no reason to pledge the house as security.

If the mortgage loan was obtained through a predatory lending practice made illegal by the Federal or state government.

These are some reason to breach a mortgage contract without being liable for damages. If you break a mortgagew contract, the lender can foreclose, take the property and get a judgment against you for any loss it suffers, plus attorneys fees and court costs.

In addition, even if the mortgage and mortgage note are breachable, you would be required to repay the money if you bought the house with it. The mortgage lender would lose the benefit of the bargain (the interest), but you would not be get out of repaying the loan as that would be unjust enrichment.

A court can only punish a criminal contempt up to 179 days, and $500 without a jury trial. Anything more than that requires a trial with a jury. See, Otis v. Meade, 483 S.W.2d 161 (Ky. 1972).

However, on civil contempt, a Court can hold someone indefinitely in jail until they agree to obey the Court's Order. As the Supreme Court said in Commonwealth v. Burge, "While one may be sentenced to jail for civil contempt, it is said that the contemptuous one carries the keys to the jail in his pocket, because he is entitled to immediate release upon his obedience to the court's order" See, 947 S.W.2d 805, 808 (1996).

IF the initial person has a key and is not scared the other person will be mad. LOL Try to do it while she is at the mall or somewhere shopping. That way you will have lots of distance between you and her. Good Luck

It depends upon a number of factors, primarily the country in which something is created or published, when it was created or published, and whether the author is a citizen or resident of any country that subscribes to the Bern Convention or any other treaty on copyrights.

In the USA, for example, the rules change for US publications depending upon whether they were created or published before or after 1923, 1963, 1972, 1978, 1989 and 1996, among others. As a general rule, however, things created after 1989 are automatically protected for 95 years from the moment they are "fixed in a tangible form", things published prior to 1923 are not copyrighted and the answer for everything in the middle or for unpublished prior to 1989, is more complicated (copyright notice, renewal, date of author's death, etc).

A valid contract is legally enforceable and defined by law. A test that you would apply to ascertain whether an agreement is a contract would be looking at the benefits and duties between the parties of the agreement.