Hi everyone my name is star and im currently a freelancing writer. I am looking to share with others and learn new ideas from eachother. I found this forum one night and decided to join, i hope i learn from you all thanks!
Hello
A contract intends to formalize an agreement between two or more parties, in relation to a particular subject. Contracts can cover an extremely broad range of matters, including the sale of goods or real property, the terms of employment or of an independent contractor relationship, the settlement of a dispute, and ownership of intellectual property developed as part of a work for hire.
>>The Elements of a Contract
Typically, in order to be enforceable, a contract must involve the following elements:
# A "Meeting of the Minds" (Mutual Consent)
# Offer and Acceptance
# Mutual Consideration (The mutual exchange of something of value)
# Performance or Delivery
# Good Faith
# No Violation of Public Policy
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Re: Contract Law - and its elements
Our whole economy is based on the freedom of individuals to contract and a system of laws that enforces contracts freely entered into. But a lot of people may not be aware of what are the essential elements required to make an enforceable contract. Recently I was asked if a contract not in writing is binding. We are so accustomed to seeing contracts in writing that many people assume that a contract must be in writing (and lengthy) before it is enforceable.
Re: Contract Law - and its elements
Hello Friends,
A contract intends to formalize an agreement between two or more parties, in relation to a particular subject. Contracts can cover an extremely broad range of matters, including the sale of goods or real property, the terms of employment or of an independent contractor relationship, the settlement of a dispute, and ownership of intellectual property developed as part of a work for hire.
Thanks
Re: Contract Law - and its elements
Last night we had the Eurovision song contest here, one of its most banal ... will be unsuccessful and will derive much of its elements