Can you identify the essentials in this contract.?

Question

TO: [Click here and type name]

[Click here and type company name] requests you to prepare the following:

Description of work: [Click here and type]

Due date: [Click here and type]

Fee: $[Click here and type]

[Click here and type company name] agrees to pay you the above amount upon our acceptance of the work.

You understand that the labor performed is a “work for hire.” [Click here and type company name] shall own all rights to the work in its name or otherwise.

You warrant that the work will be an original work that has not been in the public domain or previously created, and that the work will be free of any unauthorized extractions from other sources. You further understand that [Click here and type company name] has the privilege of referring to you as a vendor in sales and marketing presentations and materials.

Please signify your approval of this agreement by completing the form below and return one copy to us for our files.

Answer 1

Okay, first off, I am not about to do your homework for you. Second, this is an EASY assignment. Third, if you really can't figure it out, you shouldn't be in law school.

Answer 2

All of the terms are essentials. For a services contract -- the names of the parties, the work to be performed, the due date, the fee to be paid -- consideration for both parties.

Be aware that under the laws of many states the "upon our acceptance" means that they have the subjective right to refuse to accept your work for any reason, and then not pay you, but they still get to keep whatever you did.

But you need to consult an attorney licensed in your state for legal advice.

Answer 3

Cora is right. I would not accept or advise anyone to accept the terms as written. If you keep it, pay me, if you don't accept it, it's mine.