Can a Contract be Verbal?

Can a contract be verbal

A verbal contract can also cauterized among business contracts; it is formed in a spoken or expressed way, but not in a written form. In this contract, the terms and conditions are outlined through communication, and parties agree…

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What is Contract Ownership? Definition

What is contract ownership definition

Introduction  To make a legally valid contract, at least one owner must be required.  Therefore before entering into the contract, you should know the concept of contract ownership in a proper way. In this article, we explore what…

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Are Verbal Contracts Legally Binding Under The Law?

Are Verbal Contracts Legally Binding Under The Law

Introduction  We often use verbal contracts in our day-to-day lives. We agree with persons and create an agreement without putting it in writing form. But sometimes, it creates confusion because when any disputes arise, then we have no…

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Are All Agreements Contracts In Terms Of The Contract Act?

Are All Agreements Contracts In Terms Of The Contract Act

Introduction  The question ” Are all agreements Contracts in terms of the Contract Act? sometimes create confusion in our minds.  Most of the time, people have the wrong concept regarding agreements and contracts but there is a difference…

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Suit For Damages In The Case Of Breach Of Contract

Suit For Damages In The Case Of Breach Of Contract

(1) Introduction  A contract is an agreement that the parties make with understanding and mutual consent. Such a contract is legally binding to the party to perform their duty per the contract’s terms and conditions. If a party…

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How To Make A Marriage Contract In Simple And Legal Why?

How To Made a Marriage Contract In Simple And Legal Way

Introduction  A marriage contract is a legal agreement that is made between two parties who wish to get married. The concept of a marriage agreement is followed in Western countries. If we talk about that concept in India,…

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What Is The Discharge Of Contract In The Contract Law?

What Is The Discharge Of Contract In The Contract Law

Introduction  There are many whys for a discharge of contract. Often, a contract makes certain obligations because of one or all parties’ involvement. When the obligation comes to an end, the contract is discharged. The thing is that…

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What is a Void and Voidable Contract Under Contract Law?

What is a Void and Voidable Contract Under Contract Law

Introduction  In practical life, people need to make contact for business or other reasons. But while entering into the contract, you should know where such an agreement may be void and voidable as per contract law. You should…

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What Is The Contingent Contract?

What Is The Contingent Contract Under The Contract Law

Introduction We employ contingent contracts in our everyday lives. These contracts are specified under the Indian Contract Act, sections 31 to 36. The contract’s enforceability is directly proportional to the occurrence or non-occurrence of an unknown. We will…

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Content of the Contract: What You Need to Know While Writing an Effective Contract

Content of the Contract: You Need to Know While Writing an Effective Contract

Introduction  Contract content is a crucial part of every agreement. It should be mentioned in simple terms; however, you can include all necessary provisions in every contract. While writing a contract, you should try to make it in…

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