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Issue:

Business

 

Written by:

James B

 

Date added:

March 4, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

13 / 3535

 

Was viewed:

4494 times

 

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Essay content:

If these exceptions do not meet the formalities required by law, then; • The contract may be void, which means it has no legal effect, or • The contract may be unenforceable. An unenforceable contract is a legal contract; however, the parties cannot rely on the courts to resolve their dispute. Also, since the contract is valid, good title to any property may be obtained by a third party from either parties of the unenforceable contract...
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Also, since the contract is valid, good title to any property may be obtained by a third party from either parties of the unenforceable contract. Contracts which must be made by deed A deed can often be referred to as a ‘formal contract’, as opposed to simple contracts, which are contracts not made by deed...
displayed 300 characters

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