I want to find a definitive answer to my question 'What constitutes a contract within the English Laws'
2007-02-01 11:46:10 · 4 answers · asked by Anonymous in Politics & Government ➔ Other - Politics & Government
An agreement between parties. Either verbal or written.
2007-02-01 11:55:14 · answer #1 · answered by Anonymous · 0⤊ 0⤋
CONTRACT - An agreement between two or more competent parties in which an offer is made and accepted, and each party benefits. The agreement can be formal, informal, written, oral or just plain understood. Some contracts are required to be in writing in order to be enforced. (2) An agreement between two or more parties which creates obligations to do or not do the specific things that are the subject of that agreement. Examples of a contract are a lease, a promissory note, or a rental agreement.
2016-05-24 03:30:25 · answer #2 · answered by Anonymous · 0⤊ 0⤋
What is a contract?
A contract is:-
a legally binding agreement
a meeting of minds
a bargain (eg, promising to carry out work in return for promises to pay)
an exchange of promises (or objects)
an exchange of obligations + entitlements
Most contracts do not have to be in writing. The agreement between parties is the contract. The contract documents are the evidence of the contract
2007-02-02 01:34:12 · answer #3 · answered by rose 3 · 0⤊ 0⤋
Offer + acceptance = a contract
2007-02-01 11:58:43 · answer #4 · answered by gaz 3 · 0⤊ 0⤋