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Welcome to New York Contract Lawyers.com
Did You Know?
On April 11, 1980, C.I.S.G Was Established By A Diplomatic Conference
United Nations Convention on Contracts for the International Sale of Goods (CISG) establishes a comprehensive code of legal rules governing the formation of contracts for the international sale of goods, the obligations of the buyer and seller and other aspects of the contract.
Contracts form the basis for all business agreements. Any time you or your company agree to take some action or make a payment in exchange for anything of value, a legal contract has been created. By definition a contract is an agreement in legal form between two or more parties to do or not do some legal act. Contracts can be either an express contract or an implied contract. An express contract is one in which the terms are expressed verbally, either orally or in writing. An implied contract is one in which some of the terms are not expressed in words.
When a contract has been violated for any reason it is known as breach of contract. Since both parties are legally bound by the contract, the party that breaches the contract can be sued for money damages. If you have entered into a contract that has been breached, New York Contract Lawyers can help you recover damages.
Since a contract can have serious legal ramifications, it should not be entered into lightly. A competent New York Contract Lawyer has the expertise to help you avoid the pitfalls of contract law.
Halliburton Workers Testify about Contracts
AUDIO, RM, 48 Kbps, 3:24, 7/22/2004
Employees and executives of Halliburton and its subsidiary KBR discuss the company's Iraq contracts on Capitol Hill. Former employees, described by some as "whistleblowers," testify about what they say was bad performance and over-charging by the com Source: NPR
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General Information on Contracts
By definition, and as contractors already know, contractors contract. It's an essential part of what contractors do. And the essential meaning of c... Read more >
Definition:
An agreement by which one party accepts responsibility for all damages and other liability that arise from a transaction, relieving the other party of any such liability.
Quid Pro Quo
Definition:
A mutual consideration which passes between the parties to a contract, and which renders it valid and binding.
Indemnity
Definition:
A contract or assurance by which one engages to secure another against an anticipated loss.
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