Contract Law


Types of Contracts

Understanding Contract for Deed

    Understanding Contract for Deed
A contract for deed is an agreement that outlines the process for a purchase of a property. A contract for deed is a legally binding document that affirms the process
Read Full Article

Read This Before Revoking A Trust

A trust can be revoked leaving a person to properly resume ownership of their assets as long as the revocation is done in a legal manner. If a person is
Read Full Article

Know The Types of Formal Contract

Formal contracts are those that entail a written agreement between two parties that are considered to be legally binding and enforceable by law. Formal contracts must contain an offer, the
Read Full Article

Oral Contract

A contract is a legally binding document or agreement between multiple parties. An oral contract is an agreement that outlines the terms of a contract through spoken communication. In essence,
Read Full Article

Understanding Futures Contract

A futures contract is a financial agreement that is a popular investment to yield a profit for an individual or
Read Full Article

Don’t Miss These Important Facts About Government Contracts

Government contracts are incentive-based agreements that many small business owners take advantage of to increase profits or cut costs. A
Read Full Article

Understanding Service Contracts

A service contract is a form of agreement that is typically found in the purchase of a major asset. When
Read Full Article

Find Out the Contract Types Here

Bilateral contracts differ from other forms of contracts because they often do not have consideration, which is usually a monetary
Read Full Article

Informal Contract At Glance

An informal contract is also known as a parole contract. Contracts law consider most contracts currently in effect to be
Read Full Article

Unilateral Contract Explained

An unilateral business contact does not fulfill the normal understanding of contract. Unilateral business contracts occur frequently however. Unilateral means actions done by one side only.In an unilateral business contract,
Read Full Article