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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

Explain consideration and acceptance are the binding element of contract?

An offer is valid only if it is made with an intention of getting the assent of another. when there is no acceptance the contract does not come into existence. For a valid contract there must be consideration which need not be adequate.

Where can I find landmark cases in the arear of contract law?

The best place for a layperson to read the "landmark" cases in the law of contracts would be a law school casebook. It is a collection of cases, supplemented by other materials, such as statutes and the occasional scholarly article. Go to any law school bookstore. Look for used contract texts. For your purposes--getting a generalized feel for the subject--any of the casebooks will do fine. Note: do not bog yourself down with a hornbook. Hornbooks are different, they are more daunting to read and they do not generally discuss cases. Though the "super landmark" cases, such as Hadley v. Baxendale or the Kent Building Products or Victoria Laundry cases will be discussed. But less than 10% of the content of a hornbook will revolve around landmark cases, while in casebooks, around 35% of the content delves into such leading cases.

Temloc Ltd v Errill Properties Ltd 1987?

The judgment in Temloc v Erril confirmed that where "Nil" is entered as the value of a liquidated damages clause this will be the only remedy available to the employer where works are not completed on time, i.e. he will be entitled to £0 in liquidated damages and will also be unable to claim unliquated damages at common law for breach of contract. Where an employer does not want to use the liquidated damages clause but wishes to keep available his remedy at common law the liquidated damages clause should be deleted.

Can a renter be sued for quitting a contract if the owner sells his home?

The house was probably sold as a rented unit which has more value to the buyer. He doesn't have to find a renter. If you were not notified that you were to move or if your contract was not changed by the new owner, then you broke the contract and can probably be sued.

How far contract of insurance are contract of indemnity?

all types of insurance is not a contract of indemnity because life insurance cannot b measured in terms of money , that is why it is not a contract of indemnity

Are retainers refundable?

Attorney fee retainers are typically non-refundable payments made when the attorney is first hired.

Check your agreement to find the terms of your retainer.

Can you get the dealer to redo your contract if you changed your mind about accepting the rebate and want to get the 0 percent interest instead?

It depends whether or not you took the car off the lot already. If you did, no you can't change it.

Here's a better question. Why would you want to? Let's say you go with the 0% financing and 3 months from now you total your car. Then what? Where's your savings if you have to pay off the car in 3 months? If you take the rebate, you get your savings immediately.

If you are unhappy with the rate you got on your contract, go to www.dealertricks.com and look at our page on car loans. You can always refinance at a lower rate.

Find out what car dealers don't want you to know at www.dealertricks.com

What are the types of Contract?

To know about types of contract management search through internet for more info

go to

http://www.searchtwice.com/contract_management.asp

http://www.openwindowscontracts.com

Can you join Crunch Fitness at age eleven?

No. A gym membership is a contract. Contracts cannot be legally entered into with a minor.

What conditions that are not explicitly stated but are inferred from the nature and language of the contract?

I am not an attorney, but I have worked with retail installment contracts primarily for 20 years. I do have limited experience with other contracts as well. I completed 2 semesters of Contract law at UNC (4.0).

The purpose of a written contract is to avoid ambiguity and misunderstandings. In my opinion, there is no room for conditions not explicitly stated. Under statutory law, a written contract is binding so long as the 4 basic elements are present. (You can look those up easily)

It is my opinion, anything not explicitly stated, but inferred might boil down to case law and precedent. If you could be more specific with your question, I might be able to further clarify.

In a nutshell, a contract that meets the legal requirements of a contract, properly executed, etc. should end all discussion, debate, and question.

What assets will you bring to the job?

I will review all related processes of my job assignment through business best practices , then diagnoses all difficts , and have the propoer priorties action plan and corrective measurements in line with overall compnay business plan and put strategy into actions

What happens if you break a legal contract?

A legal contract is binding. If you break the contract without having the legal right to do so as set in the terms of the contract or by having the contract declared void by a court, the other party has the right to sue you in order to be compensated for the value of the contract.

Does a will override a contract?

It depends, but not usually. For instance, if you die and leave a car to another person in a will, but the car has an outstanding debt, the debt must still be repaid. In most states, it will be up to the finance company as to whether they will let another person take over the payments, unless the probate court orders them to.

M M H College Ghaziabad contact number?

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Is a pest control contract enforceable in Florida?

Generally there is a cancellation clause in a standard agreement without penalty. (provided you give notice) If there is a penalty, it can be enforced unless it is disallowed by your state laws. If it is for non-payment, dependent upon wording collection effort costs can sometimes be added.

Can an employer change you from hourly pay to performance pay?

Yes, if you sign an acknowledgment accepting the new terms of your employment. I'm not sure how your employment contract is set up, but what they would do is give you the choice to accept the new terms or to resign, or they could just terminate you.

What is neighbor principle in negligence?

The neighbor principle explains how we should apply reasonable care not to injure or hurt anyone, who comes into direct relationship with us or with whom we are involved with.

The concept of the neighbor relationship outlines the practical boundary in which we owe a duty of care.

Is donation a contract?

No, a donation is, by definition, a gift. There is also the possibility of a "pledge", which is a promise of a future donation. Some pledges may be enforceable if they are obtained in exchange for a benefit. For example, "pledge tonight and get a copy of the video", would be an offer to enter into an enforceable contract.