Disadvantages Of Written Contract

TASK 2 – Discuss the impact of different types of contract
Oral and written contracts
A contract is a legal agreement between two parties that is both willing, deliberated, and bound legally between two parties. The contract may be done orally or implied, the main topics of a contract are generally employment, sales, or rentals. The evidence provided in a contractual relationship is first, the offer, second, the acceptance, and third the valid legal and valuable consideration. Each party that does a contract has duties and rights attained relevant to the duties and legal rights of the other parties. Even though fair benefits are expected by the party which are relevant, it is not guaranteed that all parties will attain legal benefits. The

So, the term ‘’quasi-contract’’ can more accurately be used as a term for an implied contract. Express and implied contracts have the same extent of enforcement. More amounts of proof have to be presented for an implied contract for it to be considered effective. Hence, the party has to observe the action being taken place in order for them to be bound by the contract. An implied contract is never presented explicitly, though the implicit contract is evident under evidences that the mutual intention to the contract is

No legal rights or duties exist for voided contracts and it is not considered a legitimate contract. Voided contracts also cannot be enforced in the court. On the opposite site voidable contracts are considered legitimate and are legally enforceable. But voidable contracts can be considered restricting if the involved party be cheated through fraud or at a position of legal disabilities during the period of the contract’s formation. It is impossible for the contract to be voided only in the case that the party makes a decision to see it as void and protest against its enforcement. Parties with the authority to avoid it may authorize a voidable contract in in either implied or expressed