Doctrines governing private agreements and the ownership, transfer and duration of interests in property. Belongs here: Frustration of Purpose and Rule Against Perpetuities. Does not belong here: a doctrine governing liability for harm rather than the formation or duration of an agreement or interest, grouped under tort and equity doctrine instead.
Facts
Comparison
Defining CharacteristicA contract is an agreement that specifies legally enforceable rights and obligations between two or more parties. 1 Browse By
Sources
1. Contract (Wikipedia)
WikipediaContract, lead sectionQuote, Contract, lead section
A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties.
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