contract

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A contract is a legally binding document that recognizes and governs the rights and duties of the parties to the agreement. A contract is legally enforceable because it meets the requirements and approval of the law. A contract typically involves the exchange of goods, service, money, or promise of any of those. "Breach of contract", means that the law will have to award the injured party either the access to legal remedies such as damages or cancellation.In the Anglo-American common law, formation of a contract generally requires an offer, acceptance, consideration, and mutual intent to be bound. Each party must be those who are binding by the contract. Although most oral contracts are binding, some types of contracts may require formalities such as being in writing or by deed.In the civil law tradition, contract law is a branch of the law of obligations.Each country recognised by private international law has its own national system of law to govern contracts. Although systems of contract law might have similarities, they may contain significant differences. Accordingly, many contracts contain a choice of law clause and a jurisdiction clause. These provisions set the laws of the country which will govern the contract, and the country or other forum in which disputes will be resolved, respectively. Failing express agreement on such matters in the contract itself, countries have rules to determine the law governing the contract and the jurisdiction for disputes. For example, European Member States apply Article 4 of the Rome I Regulation to decide the law governing the contract, and the Brussels I Regulation to decide jurisdiction.

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  1. C

    NSW Department of housing breached contract

    Hi, When I moved in 21 years ago I was 8 months pregnant. The previous tenants were drug addicts and there was burn marks on every bench and all over the carpet. There also was insulation throughout the house as someone had broken in. There was a car full of rubbish in the back yard and grass up...
  2. ranjitgowda

    Contract IT job offer revoked, 4 days before 'date of joining'

    Hi All, I was offered a senior developer role with Company A. I got the offer on January 15th 2021 and it was a 6 month contract ( 15th February - 15th August 2021) and I was supposed to work from Company A's client Company B's office in Sydney. I was in Bangalore, India when I appeared for...
  3. piano0011

    Contract to sign enquiry: Mervin

    Hello! I have been trying some bitcoin trading and have been told that I needed to sign the following document. Is this safe to do so and would need a prompt answer. There are no hidden catches in this document? thanks
  4. R

    Contract

    HI All, please help me if this is an issue Iam currently employed by company "A" to work for their client company "B" company "B" is in turn contracted to work for company "C" ; so iam working on company "C" offices now what happens is company "B" looses contract with "C" and company "D"...
  5. R

    NSW Are all the elements of a valid contract present? Can you explain?

    A man named James sold his 1965 e-type jaguar car to a girl named Shirley for $18,500. During the negotiations James claimed that the car was actually a 1963 model, which were rarer, and therefore more valuable. Shirley, who was 17 at the time of purchase, bought the car on the understanding it...
  6. U

    WA Insurance asking for original contract with car rental company to be sent to them

    Hi, I insured the access on a rental vehicle with the RAC. I then made a claim online through the company they are agents for. The insurer asked for me to upload a list of documents which I have in full. That included all documents I have received from the car rental company including a copy of...
  7. Ange16

    NSW Daycare Contract question

    Hi there We need to terminate a daycare contract as we are moving away. We have given them 6 weeks notice but they responded that as per the T&Cs we are requeried to provide them with 12 weeks notice after October 1st. This is a ridiculous long time and peoples situations can change so quickly...
  8. C

    VIC Dog Rehomed with Written Contract Dispute

    Over 2 weeks ago I rehomed a dog interstate. I advertised the dog as trained to public access, complex skills and beginning search and rescue. Reason for rehoming is other dog to concentrate on. I interviewed the buyer for 2 hours. I was satisfied that despite having young children they would...
  9. D

    Vendor hasn't signed the contract, oral contract in place?

    The vendor has agreed to sale of property 3 weeks ago. The buyer signed the contract on second day of agreement and also has written correspondence via text a week later about vendor agreeing to payment of 10% deposit and has contacted a solicitor for further proceedings. The agent also...
  10. J

    NSW Employment Contract Restriction

    Hi, In my contract, there is a clause which says, "On termination of your employment it is requirement that you shall not work within the car hire industry, in direct competition with (my company name) either on or within 100kms of Sydney CBD, for a minimum of 1 year." Is there a way that I can...