Contract
From ACT Wiki
A legally binding agreement between two parties.
Essential elements of an enforceable contract include offer and acceptance, consideration, and legal capacity to contract (together with other legal requirements).
See also
- Assignment
- Breach of contract
- Capacity
- Condition
- Consensus in idem
- Consideration
- Contra proferentem
- Counter-offer
- Eiusdem generis
- Engagement letter
- Express term
- Frustration
- Implied term
- Indemnity clause
- Invitation to treat
- Lease
- Liquidated damages
- Long term contracts
- Minor
- Misrepresentation
- Open interest
- Privity of contract
- Repudiation
- Restrictive covenant
- Service agreement
- Warranty