Assertion: contract | /r/HasProperty | formed
Facets:
value: legitimately
type: MANNER
value: between two parties
type: LOCATION
value: out of some circumstances
type: CAUSE
Source sentences:
text: Quasi-Contract : These are not a real contract, but are identical to a contract, which is formed out of some circumstances.
text: In order for a contract to be formed, the parties must reach mutual assent (also called a meeting of the minds).
text: This means that, where acceptance is communicated electronically, contract is formed when and where acceptance is received, rather than at the moment it is posted.
text: Contracting parties must perform contracts in strict accordance with its terms: that is what was agreed in the first instance, when the contract was formed.
text: Once a contract is formed, and before its details are discussed, a seal is placed on the human's body (e.g. Ciel's seal is on his right eye and Sebastian's is on his left hand).
text: For instance, if a contract is formed between two parties A & B but during the performance of the contract the object of the contract becomes impossible to achieve (due to action by someone or something other than the contracting parties), then the contract cannot be enforced in the court of law and is thus void.
text: Once the promisee performed completely, consideration was satisfied and a contract was formed and only the promisor was bound to his promise.
text: A contract will be formed (assuming the other requirements for a legally binding contract are met) when the parties give objective manifestation of an intent to form the contract.
text: It would be easy to think a contract was formed when it was signed, but, as you’ve learned, it’s more complex than that.
text: When preparing to sign your next contract, ensure you’ve checked off all the essential elements, so you can have peace of mind knowing your contract was formed legitimately.