Legal FAQs

Contracts

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What's the purpose of Contracts?

What are the basic elements of a contract?

What is Consideration?

What Types of Terms are there in a Contract?

What risks are associated with a lack of terms in a contract?

How does the Court deal with terms that are unspecific or limited?

How does the Court deal with interpreting contracts?

Does a contract have to be in writing to be enforceable?

Who has the capacity to make a contract?

What is the UCC?

Important tips to stay in accordance with the UCC?

Any other important things to remember about modifying an existing contract?