Contract law, - Case Study Example

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Contract law,

Verbal contracts cannot be proved in the courts of law unless recorded on a valid machine and experts prove that the voices are of the representatives of the two parties (some call telemarketing companies use this mechanism when selling goods/services over phone). Both parties should sign on every page of the contract and on the last page which also needs to include more details (like designation, full address, etc.). Contracts can be executed on plain papers, stamp papers, E-mails and approved contracting applications. Normally, every contract should have the following content:
, a company registered under Companies Act , having its registered office at , through its authorised signatory, Mr./Ms. (hereinafter called "Company" which expression shall where the context so admits include its successors and assigns), of the First Part;
, a company registered under Companies Act , having its registered office at , through its authorised signatory, Mr./Ms. (hereinafter called ">" which expression shall where the context so admits include its successors and permitted assigns), of the Second Part.
The courts shall look into all the terms and the t ...
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Summary

Every individual that is involved in a business or support function would need to sign a contract at some stage. It is a very common phenomenon in the business world. However, not many realise what should be the true form of a contract that can make them enforceable legally.
Author : volkmanterrill

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