What does the “as is” in an “as is” car sale agreement mean? The legal term “as is” means that you are purchasing a car — or any item — in its current condition at the time of the sale. In addition, it means the car is being sold without any warranty coverage. As the ...
What is a contract?A contract is an 选择语言:从中文简体中文翻译英语日语韩语俄语德语法语阿拉伯文西班牙语葡萄牙语意大利语荷兰语瑞典语希腊语捷克语丹麦语匈牙利语希伯来语波斯语挪威语乌尔都语罗马尼亚语土耳其语波兰语到中文简体中文翻译英语日语韩语俄语德语法语阿拉伯文西班牙语葡萄牙语意大利语荷兰语瑞典语希腊语...
An intention to enter into legal relations –that is, the parties intended to enter into a legally binding agreement (although this is often not specifically stated, it is usually implied). The parties must also have the legal capacity to enter into a contract, for example as discussed above...
What do you mean by a quasi-contract? Keep reading as we discuss what a quasi-contract is in detail in this article.
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No matter what type of contract you are planning to draft, it is helpful to consider if a Contract Lifecycle Management system would be beneficial. Drafting contracts is an important function for enterprises of all shapes and sizes, and having a plan in place tomanage the contract processfrom ...
An implicit contract is an obligation that arises because of actions of involved parties. Unlike other contracts, implicit...
Severability.When one part of a contract can be deemed unenforceable but the rest of the contract can remain in force. Arbitration clause.Agreement that any contract dispute will be referred to an arbitrator as opposed to a judge, which is intended to to reduce the cos...
A smart contract is a program that's stored inside a blockchain. Smart contracts extend blockchain from data to code. They represent an agreement between parties. The agreement is coded, and when an action happens, the code runs and provides a response. ...
that a contract was implied here, is if it would be unfair not to create one, and to prevent one party from taking advantage of the other. This is also known as ‘unjust enrichment’. But let’s put thelegal jargonto the side for a moment and look at an example of this in ...