The Basis of Contracting What is Contract? A legal document that states and explains a formal agreement between two different people or groups, or the agreement itself. What Is a Legal Contract? Legal purpose. A contract must have a legal purpose to be enforceable. For example, Steve hires Paul to kill Susan. Steve drafts an agreement outlining Paul’s responsibilities, namely to acquire a gun and shoot Susan in the head. …
Page Tags: Contract Termination.
Permanent link to this article: http://www.e-basel.com/contractual/the-basis-of-contracting/
Permanent link to this article: http://www.e-basel.com/contractual/suspension-and-termination-of-contracts/
Permanent link to this article: http://www.e-basel.com/project-management/pricing-variation/