A legal contract can take many different types of forms. Not all legal contracts are written. Some legal contracts can be a simple matter of a verbal promise of something in exchange for something else. Statutes differ, but as a general rule, any contract involving remunerations of $ 500 or more requires documentation in order to be valid. Verbal contracts are made on the basis of ethics and tradition.
Written or printed (or word-processed) legal contracts can be quite simple or extremely complex. In its simplest form, a legal contract can be a sentence or two, with two or more parties signing the document. The contract constitutes a legal basis upon which any party can sue the other in case of a failure to comply with the terms of the contract. This failure to comply is called “breach of contract”.
The more complex legal contracts can be comprised of one page, many pages, or dozens upon dozens of pages. They can take the form of employment contracts, in which an employer and an employee or contractor agree on the job description and remuneration, or business contracts, which refer to contracts between two or more businesses. Business contracts can become very complex, including terms, conditions, specifically stated remuneration terms and deadlines, expiration dates, and so on.
Lawyers are often present during the signing of a contract. Sometimes a “notary public” is used. A notary public is someone who witnesses and validates written contracts, then physically places a seal of approval on the finished contract deal.
Contracts provides detailed information on Contracts, Business Contracts, Legal Contracts, Employment Contracts and more. Contracts is affiliated with Divorce Legal Forms.
Article Source:
http://EzineArticles.com/?expert=Jimmy_Sturo
GiIes Dixon explains what makes a legally binding contract and how to use contracts to protect your business interests.
Video Rating: 5 / 5
Download this episode from VideoVocab.tv This is the second of our two-part lesson on English legal vocabulary related to contract law. In our last lesson (http we looked at some of the basic principles of contracts. Today, we’ll focus on specific terms and language found in contracts.
Question by gina: Should illegal people have the right to sign legal contracts?
It is obvious that illegal people are signing contracts to live in apartments. If they don’t pay their rent, should the apartment complex have the right to take them to court? Having a social security doesn’t not make you legal but this is happening all over the United States.
Best answer:
Answer by lostintheclover
If the are of legal consenting age they are bound by the same laws as everyone else.
Stop whining!
You act like a boat load just showed up in your neighbourhood when illegal immigrants have been here since before we became a nation!
CT
What do you think? Answer below!
City Council won't seek legal advice from state in solving financial agreement …
Council President Pro Tem Gary Brown had sought a resolution asking Michigan Attorney General Bill Schuette for legal clarity on Detroit's city charter amid a crisis over a legal challenge by the city's top.
Read more on Detroit Free Press
[wpramazon asin=”1598698656″]
This video discusses the Nissenbaum Law Group’s law practice as it pertains to construction law contracts. As experts in contract law in NY, PA, NJ and TX, our law firm’s approach to drafting construction contracts is to prevent legal problems before they arise. www.gdnlaw.com , www.foreclosuredefenselawblog.com , www.internetdefamationlawblog.com , www.nissenbaumlawblog.com , www.saleofbusinesslawblog.com , www.internetdefamationlawblog.com , www.nissenbaumlawblog.com www.saleofbusinesslawblog.com
Video Rating: 0 / 5
Check out these legal contracts products:
Catskill aqueduct. … Contract 58. March 4, 1913.
Image by New York Public Library
Digital ID: 435513. [1918?]
Notes: Acc. Hdq. N. 1924
Source: [Photographs of the Catskill water supply system in process of construction.] (more info)
Repository: The New York Public Library. Science, Industry and Business Library. General Collection Division.
See more information about this image and others at NYPL Digital Gallery.
Persistent URL: digitalgallery.nypl.org/nypldigital/id?435513
Rights Info: No known copyright restrictions; may be subject to third party rights (for more information, click here)
Cogility Awarded Contract to Develop "Legal Analytics and Intelligence" Case …
LAKE FOREST, Ill., Jul 09, 2012 (BUSINESS WIRE) — Acquired Sales Corp. (otcqb:AQSP) announced that its wholly-owned subsidiary, Cogility Software Corporation ( www.cogility.com ), the developer of Legal Analytics and Intelligence (LA&I) software which …
Read more on MarketWatch (press release)
Vienna, VA (PRWEB) July 10, 2012
Precise Advice LLC is charting new territory as an online legal document service, by highlighting its mission to assist the entertainment community and creative professionals. This Virginia-based limited liability company proclaims that millions of creative professionals are neglecting to protect and exploit their creative works due to their limited financial and/or human resources. As a result, Precise Advice has focused its attention on offering affordable legal contracts online, for creative professionals who feel as though traditional legal support is too expensive and inconvenient in todays shaky economy.
Legally Creative, a Precise Advice website category reserved for creative professionals and entertainers offers singers, songwriters, performing artists, visual artists, media producers, photographers and literary authors an alternative to paying bulky law firm fees for top-quality legal contracts. It also reduces the amount of time consumers would otherwise be forced to wait in order to receive the documents they desperately need, which is an all too common issue.
My sister was recently inducted into the Songwriters Hall Of Fame, and I currently handle her legal affairs, as well as the affairs of other creative professionals, says Precise Advice LLC Co-Founder, Celeste Moy. So Im fully aware of the many legal obstacles faced by people within the entertainment community. According to Moy, the fight for her sisters royalties influenced her decision to help other creative professionals obtain top-quality legal support. Therefore, she’s proud to announce that Precise Advice prepares its documents individually so that each customer is equipped to protect his/her own distinct creative works. The process is simple, fast and affordable, says Moy.
Some of the documents available for creative professionals are listed below. More than two dozen others (including Copyright Applications) are listed at http://www.preciseadvice.com
Single Song Agreement
Artist Recording Contract
Talent Agreement
Artwork Consignment & Sale Agreement
Screenplay Option Agreement
Photography License Agreement
Video/Media Production Contract
On its surface, Precise Advice looks like an ordinary online legal document service. But its overall agenda is in fact more defined and reliable for the internet-savvy consumers of todays economy. Were more of a boutique legal support firm targeting niche markets, says Moy. Instead of trying to do everything, we only specialize in helping individual consumers, small government contractors, small businesses, and of course creative professionals.