Contract For A Contract Is A Important Agreement Between Two People Or More

1464 WordsApr 19, 20156 Pages
A contract is a very important agreement between two people or more, it can be multiple parties, it is a legal agreement that is binding, if give people certain right and it will not allow them to be taken granted off. Contracts can even be verbal , but the verbal contract agreements are harder to prove. A contract is a set of promises for the breach, it is a remedy (Seaquist, 2012). Contract can be formed by offers of acceptance , that is voluntary given by two parities for lawful purposes. There are many types of contract that affect people right, as well as the degree of enforceability, there are formal , express contract, and also written agreement (Seaquist, 2012). Contract provide the means for people and businesses not to get taken advantage of, by transferring certain right to them, this be right concerning anything, it give rights to parties that what a contract is all about There first element in a contract must be a valid offer and offer of a promise of an agreement that meet a need, if there is no offer it can be no contract. (Seaquist, 2012). Contract can be voluntary or involuntary. Now some contracts meaning illegal contracts, are not enforceable , most are legally enforceable, is if someone does not honow the contract, an individual can make ask the court for help to enforce the contract (Seaquist, 2012). Contracts agreement is used to create a tie that binds the main ingredient of a contact is as followed For any contract to be legal and binding it
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