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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

Can a promise to pay someone be consider an enforceable contract?

In general: yes, it could be. If you want to know whether it could be in your specific case... talk to an attorney.

Did you like the Security Breach Trailer?

YES I DO LOVE SECURITY BREACH TRAILER. IT'S AWESOME!!! I CAN'T WAIT FOR IT TO RELEASE, or maybe it has already been released and i just didn't notice!

Why did the court consider the contract for the sale of the house a contract for a sale of goods instead of a contract for a sale of real estate?

First, it depends on the term "house". If it was a co-op, then what you were buying were shares in a corporation and not the real estate. A purchase of a trailer home is also the purchase of personal property. Second, it is VERY likely that there is not enough information to answer this question. Sometimes the sale contract includes sale of consumer items like curtains, appliances etc. That portion of the contract would be considered a sale of goods. More than likely, in a case involving real estate you hired an attorney. Please ask the attorney to explain this. He or she will have all the facts, and is more likely to help you.

What is the relationship between Rittinger's law Kick's Law and Bond's Law?

A detailed explanation of the equations is here: http://www.nzifst.org.nz/unitoperations/sizereduction1.htm. In simple terms, Rittinger's law is a high-end estimate of the energy required to grind something, excluding any losses to heat etc. Kick's law is a low-end estimate, and Bond's Law is a mid-way estimate.

Is a contract considered executed if it is signed by one party and mailed to the other party for signature and then never returned to the original party with both signatures?

NO, a contract is considered executed if there is already a meeting of the mind. Both party should have agreed on the contents of the letter and to solidify their agreement both should have indicated their signature on the contract. Having a copy of the duly executed contract will evidence that the other party have agreed on the contents thereof.

Difference between executed and executing contracts?

An executed contract is a contract that has been completed. All parties have signed and its all done and closed. Executory is one that is almost done, but they are waiting on for example: Money!

If a contract has no expiration date how long does it last?

If the contract has no expiration date then the contract continues till the breach of contract.

How do you get rid of a car once you have signed the contract and your apr is really high?

Sell it to someone else, and pay the difference in what you sell it for and the balance on the loan. Or you could try to refinance the car with another lender at a lower interest rate.

Sell it to someone else, and pay the difference in what you sell it for and the balance on the loan. Or you could try to refinance the car with another lender at a lower interest rate.

What is a sentence using common law?

Most people do not realize that much of our codified law evolved from ancient common law principles.

What is the aim of a payment of damages for breach of contract?

The measure of damages in a claim for breach of contract is that sum that would place the Plaintiff (the aggrieved party) in the same position as he/she/it would have been had the contract been performed by the breaching party. This is most frequently meaured in terms of money, but under certain circumstances, the remedy for breach may be "specific performance"--in other words, getting the court to order the breaching party to actually do that which he/she/it promised to do.

When does an agreement become contract?

An agreement becomes a contract when there is an offer, acceptance and consideration. Absence of a written contract does not prevent a contract from being form. A contract can be both expressed or implied. Written or verbal.

Difference between contract value and contract sum?

The contract value refers to the total monetary worth of a contract, encompassing all financial obligations and commitments made by the parties involved. In contrast, the contract sum specifically pertains to the agreed-upon amount that one party will pay to another for the completion of specified work or services. Essentially, while the contract value can include various costs, contingencies, and fees, the contract sum is a more precise figure related to the execution of the contract's terms.

If you sold your car to another individual in a private sale with only a verbal contract and the buyer took possession of the car but did not pay for it can you repossess it?

it the title is in your name it is easy, go to aaa file for a duplicate title, go to dealer if it is newer and with title in hand ssee if they can cut you a set of keys. if the car is in your name all you have to do is call the cops and file an "unauthorized use report"

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