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Title: Contract creation

Essay Details

Subject: Business
Author: William C
Date: July 24, 2016
Level: University
Grade: B
Length: 1 / 273
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

For example a mentally disabled person could not enter a contract. There is also some mutual agreement between the parties i.e., all parties have a meeting of the minds on a specific subject. Still some agreements must be in writing so that they can be enforced. Contracts are usually governed and enforced by the laws of the state where the agreement was made...

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The majority of contracts (i.e. employment agreements, leases, general business agreements) are controlled by the state's common law. The common law does not control contracts that are primarily for the sale of goods. Uniform Commercial Code (UCC), which is a standardized collection of guidelines for governing the law of commerce govern such contracts...

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