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May 14, 2012
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Before You Enter into a Home Improvement Contract

Both parties to a contract must give their consent, which must be true and freely given. If one party's consent was obtained through fraud (deception or trickery), the contract can be canceled by the other party.

A contract can also be canceled if it is signed under duress or undue influence. Examples of duress are threats of or actual physical harm. Undue influence occurs when a person does not freely exercise his or her own free will as a result of another person's influence.

 

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Did You Know?    
 
 
If You Have A Contract Issue You Can Call For 'Arbitration'
Some written contracts call for "arbitration" if you have a problem. This means that you have the right to take a dispute to an impartial person-or group of persons-with no connection to the courts.

 


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News about contract cases in New York and nationwide:

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...
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Contractor Shall Be Included As Part Of The Contractor's
An STA may implement procedures or requirements which extend preferential employment to all Indians. Recruiting efforts may be targeted toward thos...
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Which Remain In Place At The Contractor's Convenience
The manufacturing process for a steel/iron product is considered complete when the product is ready for use as an item (e.g., fencing, posts, girde...
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Contract Terms

 


Today's Terms

Offer

Definition:
Offer: A proposal that is made to a certain individual or legal entity to enter into a contract, that is definite in its terms, and that indicates the offerer's intent to be bound by an acceptance.

Letter of Intent

Definition:
A document that describes the preliminary understanding between parties who intend to make a contract or join together in another action.

Warranty

Definition:
A promise by a contracting party that the other party can rely on certain facts or representations as being true.

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Contract Resources

 


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Contract Hot Topics

 


Topics Related to Contract:

  • Acceptance
  • Breach of Contract
  • Conditions
  • Liability
  • Offers
  • Underwriter
  • Warranty
  • Competent Parties
  • Mutual Assent
  • Consideration

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