Law of Contracts
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Title: Law of Contracts

Essay Details:

Subject: Business
Author: Alice W
Date: October 16, 2015
Level: University
Grade: A
Length: 5 / 1329

Essay text:

Freedom to contract for a greater range of goods and services is crucial to the market economy. Trading in any sort, involves financial risk, therefore it is in the interest of all to have a recognizable set of rules by which the parties involved, agree to abide from. Form the simplest to the most complex transaction the parties to a contract enter common agreements that involve obligations. In a straightforward contract of, for example, the sale of goods, a seller will agree to sell specific goods to a customer for a stated agreed amount. This kind of contract involves an obligation upon the seller to transfer the goods to the buyer in return for the transfer payment to the seller...

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