Want this question answered?
dsds
No. The purpose of a contract is to reduce to writing an agreement between the parties. Although poorly drafted contracts are common, there are no loopholes in a well drafted contract.
A contract of adhesion is where a contract exists wherein the provisions have been drafted giving one pary an unequal bargaining power. A contract of adhesion is where a contract exists wherein the provisions have been drafted giving one pary an unequal bargaining power.
technically if you have accepted money or financial aid to attend college you have entered into a binding legal contract, depending on the terms and the conditions of this contract yes you must fulfill your part of the contract. As for being drafted Congress can determine to reinstate the draft of it's Citizens if it is considered necessary and passed the vote of both the house and senate
You need to review the contract that you signed. If you breach a contract you usually lose your deposit. That's the purpose of a contract. Contracts are not usually drafted so that one party can "get out" unscathed.
A contract, if properly drafted, is enforceable. If the buyer requests a release the seller can negotiate or keep the deposit.
You should consult with an attorney who can review your situation and your contract. If your contract was properly drafted and signed by the other party you can sue for breach of contract.
A promissory note is a kind of written contract. The statutues and conditions under which it can be enforced are determined by the laws of the state in which it is drafted.
No, a player does not have to sign with the NFL team that drafted him. He can choose to not sign the contract.
Contract law is substantive because it deals with the substantive rights and obligations of parties to a contract (and others whose rights are affected by the contract). Procedure deals with the workings of the court; the form in which pleadings are to be drafted, evidence is received, etc.
Mickey Mantle wasnt drafted, he was signed to a minor league contract with an affiliate of the New York Yankees out of high school. He did however get drafted by the US Army but failed the physical exam and was rejected as unfit for service.
A lien is merely a kind of security for a debt. If the contract provides for interest, then the lien, if properly drafted, will cover that. In most states there is a statutory interest rate. If the contract doesn't provide for interest, then interest will accrue at the statutory rate and the lien, if properly drafted, will cover that as well.