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| Topic: |
Miscellaneous
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| Number of pages / Number of words: |
243 / 67776 |
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Contracts by deed / Speciality contracts
A deed is a formal legal document signed, witnessed and delivered to effect a conveyance or transfer of property or to create a legal obligation or contract.
2. Simple contracts
Contracts which are not deeds are known as simple contracts. They are informal contracts and may be made in any way - in writing, orally or they may be implied from conduct...
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Simple contracts
Contracts which are not deeds are known as simple contracts. They are informal contracts and may be made in any way - in writing, orally or they may be implied from conduct.
Another way of classifying contracts is according to whether they are "bilateral" or "unilateral".
1. Bilateral contracts
A bilateral contract is one where a promise by one party is exchanged for a promise by the other...
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