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If a contract has no expiration date how long does it last?
If the contract has no expiration date then the contract continues till the breach of contract.
What are the relevance of capacity to contract in a sale of goods contract?
if one of the parties does not have the capacity to contract there will be no contract formed
What are the differences between a simple contract and a formal contract?
simple contract cane be formed as verbally or as writing whereas formal contracts can only be formed as writing.
If not following guidelines on contract can I be kicked out?
If you don't follow the rules you will probably first get a warning. If the problem continues you may forfeit your contract.
Is accepting a job offer in an email a binding contract?
yes, when you post your e-mail that will act as an acceptance and a contract will be formed. A contract can be formed through any means of communication including e-mail.
Does delay of time for performance lead to breach of contract?
No, normally there is no expectation of a time limit on the performance of a contract. If there is, it must be negotiated at the time the contract is formed
When arrector pili muscles contract?
''goose bumps'' are formed
What is a partnership formed after they agree to conditions in a contract?
A Joint Venture.
Why is WWE the nexus formed?
They formed because most of them didn't get a WWE contract and they just want to be on T.V.
What is the difference between an implied an expressed contract?
An express contract is a contract in which the terms of the agreement are stated in words, (oral or written) while an implied-in-fact contract is a contract formed in whole or in part from the conduct of the parties.
What is the difference between a void contract and a voidable contract?
A contract that is void means technically that there never was a contract. There are few times when this remedy is available including if there was a mistake, the contract was entered into under duress, or that the contract was never properly formed. A contract that is 'voidable' is when there has been a misrepresentation or a mistake that allows the innocent party to decide whether the contract will be affirmed, or 'rescinded'. Rescinding a contract has the same effect as if it were void (puts the parties back to where they were as if the contract had never been formed), but the key differences are that it is a choice whether to rescind or affirm and then sue for damages for expectation. Also, rescission is not available in some particular situations: where there are third parties involed, when the contract has already been affirmed, when it is impossible to put the parties back to where they were before the contract was formed, or where the rescission was not done in a reasonable time.
How is a contract formed illegally?
Although there are many aspects of contract law, the one thing that can ensure that a contract is "illegal" is fraud. When one party to a contract commits fraud or misrepresents a fact that he knows to be a misrepresentation, the opposing party is not held to the contract.
