Article 13 – Legal Topic – Basic Elements of A Contract
By: Janelle Ramsaroop Attorney-at-Law Martin George and Co. Attorneys-at-Law MAGCO DAILY LEGAL LESSONS DISCLAIMER: Please note this does NOT constitute LEGAL ADVICE or LEGAL CONSULTATION, which you should get from your own Attorneys and this is being shared with the general public for the purposes of information and discussion ONLY. INTRODUCTION A contract is a written or oral agreement that creates mutual obligations between the parties that have arrived at that agreement. It can be described, in simple terms, as a set of promises made between the parties to the contract. In order for a contract to be formed, four...
Continue reading