Simple Contract







What is Simple Contract?
The simple contract in legal terminology is an oral or written agreement made by two parties. This is never a legally recorded or officially sealed contract, but breeches are still frequently dominated on by a judge in court. A breech of contract means that one of the parties ignored one or more terms in the agreement at least in the view of the other party.

A judge rules whether the contract was indeed breeched and may award damages. Oral contracts are hard to prove, however, since the judge may have only the contrasting testimony of the two parties and no other manifest on which to make a fair conclusion; for this reason, courts encourage a written simple contract.

VN:F [1.9.11_1134]
Rating: 0.0/10 (0 votes cast)
VN:F [1.9.11_1134]
Rating: 0 (from 0 votes)

Looking for anything Else ? Try Our Search

Have an Answer / Another Question? Ask us here...


Some Random Question