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Topic: Oral contract


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  Contract - Open Encyclopedia   (Site not responding. Last check: 2007-10-22)
Typically, the remedy for breach of contract is an award of money damages intended to restore the injured party to the economic position that he or she expected from performance of the promise or promises (known as an "expectation measure" of damages).
This manifestation of assent theory of contract formation may be contrasted with older theories, in which it was sometimes argued that a contract required the parties to have a true meeting of the minds between the parties.
A contract which is implied in law is also called a quasi-contract, because it is not in fact a contract; rather, it is a means for the courts to remedy situations in which one party would be unjustly enriched were he or she not required to compensate the other.
open-encyclopedia.com /Contract   (2186 words)

  
 Oral contract -- Facts, Info, and Encyclopedia article   (Site not responding. Last check: 2007-10-22)
An oral contract is a (A binding agreement between two or more persons that is enforceable by law) contract that exists only in verbal communication, having not been written down or only partially written; in the latter case, the partially written contract lacks a (A written proposal or reminder) memorandum.
Oral contracts are just as binding as written contracts, proividing that sufficient proof of the contract exists.
The (A statute prescribing the time period during which legal action can be taken) statute of limitations is often shorter in regard to oral contracts than written contracts.
www.absoluteastronomy.com /encyclopedia/o/or/oral_contract.htm   (115 words)

  
 Contract
Occasionally a court will order a party to perform his or her promise (an order of "specific performance" or "quantum meruit"), but this remedy is unusual.
Contract formation: Generally, formation of a contract requires that parties mutually assent to a bargain and a consideration or consideration substitute.
An example of the above is an oral contract for the sale of a motorcycle for $5,000 (any contract for the sale of goods over $500 must be in writing to be enforceable).
www.brainyencyclopedia.com /encyclopedia/c/co/contract.html   (1934 words)

  
 Oral contract   (Site not responding. Last check: 2007-10-22)
An oral contract is a contract that exists only in verbalcommunication, having not been written down or only partially written; in the latter case, the partially written contract lacks a memorandum.
Oral contracts are justas binding as written contracts, proividing that sufficient proof of the contract exists.
The statute of limitations is often shorter in regard to oralcontracts than written contracts.
www.therfcc.org /oral-contract-4613.html   (90 words)

  
 Contract at opensource encyclopedia   (Site not responding. Last check: 2007-10-22)
This manifestaion of assent theory of contract formation may be contrasted with older theories, in which it was sometimes argued that a contract required the parties to have a true meeting of the minds between the parties.
Most jurisdictions require a signed writing for certain kinds of contracts (like real estate transactions); such requirements are referred to as the Statute of frauds.
Sony Ericsson T68i New Contract Mobile Phone - New Contract Sony Ericsson T68i - TheMobileRepublic.c »
wiki.tatet.com /Contract.html   (1932 words)

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