Contract Law

Principles of Law of CONTRACT

A contract is an agreement enforceable by law. Every time an agreement is considered binding and enforceable by the court in the sense that no one can be prosecuted, the agreement is a contract. Williams, Jazz arson, the definition of her book the principles of contract law, by two or one or more access to other people's behavior or a legally binding contract rights of other parts of the more indulgent. However, some agreement is not a contract. Between husband and wife is usually not a simple internal agreement is binding, so there is no contract. Parol contract is very simple, mainly for the most common and important. They are informal, oral or written or implied behavior. It must meet the following conditions: • Offer and accept unconditionally. • valuable consideration. • authentic consent. The parties must have the capacity to enter into contracts. In the Household Registration Law (a person's residence is the country in which he lived with the intention of permanently stay there) this universal jurisdiction.

2. Contract by record

These obligations are based on court records, the records of the condition. They are not the real contract, the obligations of the parties arising from the court records of any agreement into a separate reason and only. They can through the courts, legal obligation or guarantee s, that this may be a confirmation of the debt; and other.

3. Contract by deed.

Contract in the paper or parchment, signed, sealed and delivered by an agent of the commitment or undertaking (whether actual or constructive) a written commitment to contract. This is a special case, from the law, it requires a specific form will be accepted, usually in order to provide better evidence to prevent disputes. Some contracts must be made by a contract commitment, is a gift, sale or transfer of the files created or interest in land in the village, conditional bill has the following characteristics:

Consideration: A deed that does not require payment.

Estopped: a part in a play is not entitled to deny the veracity of the statements in any work carried out (a writing signed, sealed and delivered), unless the execution was induced by fraud, duress, error, etc.

Merger: a special contract take-over or merges into itself, any single previous contract between the same parties under the same conditions.

Also, there are contracts, which cannot be enforced; they are void, voidable ...