Can It Be? Privity Of Contract Is Back!

Dust off those old law school books and turn of the century cases: privity of contract is making a comeback in Michigan!
Privity of contract, historically was a bar to certain tort law suits, such as product liability and professional liability cases filed by injured persons against other parties with whom they had no direct contractual [...]

Contract Law – Its Importance in the World Today

Our society depends upon free exchange in the marketplace at every stage. The interactions in the market all the times depend upon voluntary agreements between individuals or other “legal persons”. Such voluntary agreements can never become binding without a legal contract.
The origin of the contract law can be traced from the development of common law [...]

Contract Law Summarised; Explanations, Definitions, Cases

Of the various agreements made some are social or domestic; some others are contracts - legally enforceable.
Jones -v- Padavattan 1969 was about an agreement between a mother and daughter ~the mother had promised to support her daughter during her studies the daughter argued -the judge decided that it had not been intended to be legally [...]

Is an Oral Contract as Good as a Written Contract?

An Oral Contract is as legally binding as a Written Contract, the issue with an Oral Contract is in proving its existence. To begin, the existence of a Written Contract is fairly obvious, either there is a writing or there isn’t. An oral contract, by definition, does not have a writing to support its terms, [...]

How To Remedy Infringement of Contract Agreement

Violation of contract agreement has always been a universal and familiar starting place of disputes and conflicts. As contract may take various forms and may even be entered into by the parties verbally, agreements embodied therein are indeed very susceptible to infringement or abuse. A contract has been defined as the meeting of the minds [...]

The Basic Elements of Contracts

At the foundation of every legal transaction is the document known as a contract. Here is a guide to this document, why it is important and why you should use it. The Basic Elements of Contracts
For as long as we can remember, things have been accomplished by agreement. At one time, a person’s handshake was [...]

When is a Contract Violated?

Contracts are the foundation of all business transactions, the agreements that bind people to their word. So, what constitutes a violation of a contract? When is a Contract Violated?
A contract is simply an agreement between two or more parties to do something. A simple example might be a situation where I agree to sell you [...]

Is A Person Who Has A Services Company Entitled To Relief Under S 106

Section 106: An overview Early forms of unfair contracts provisions were aimed at simply protecting the arbitration system. Contracts had to have a distinctive industrial ‘flavour’ before the courts or commissions would intervene. Over time a more expansive and liberal approach attitude towards the review of unfair contracts developed. Such a broad response acted as [...]

Legal Significance Of Digital Signatures

A cornerstone of United States contract law is the general application of the Statute of Frauds to contractual agreements. Emerging forms of electronic commerce and new types of contractual relationships have begun challenge the very idea of defining the four corners of a contract. Many obstacles concerning contractual relationships arise with the proliferation of electronic [...]

Contract Law

Contracts are one of the most common things when running a business. Every time that your company receives something (like a service, product or money) in exchange for giving something else, a new legal contract is born. Some common examples of legal contracts are purchase orders…
Contracts are one of the most common things when [...]