Contract Law Basics

Articles

Two businesswomen engaged in a contract discussion at an office table.

Does a contract have to be notarized to be legal?

Does a contract have to be notarized to be legal? No — it's not required for enforceability, even without witnesses or notarization.

Elderly businessman shakes hands outdoors, symbolizing trust and cooperation.

Is Oral Agreement Legally Binding in Business Contracts?

Is oral agreement legally binding? Learn how courts view verbal contracts, key exceptions, and when written terms are required in business deals.

Is a Memorandum of Agreement Legally Binding and Its Impact

Discover if a Memorandum of Agreement is a legally binding contract, its meaning and implications, and how it can protect your business interests.

Close-Up Shot of a Person Holding a Contract

Difference Between Implied and Expressed Contract Explained

Discover the difference between implied and expressed contract in everyday life, including employment, property, and business agreements.

Serious African American female manager in formal outfit reading contract details to concentrated middle aged male executive in office

Unilateral vs Bilateral Contract: Key Difference Explained

Discover the key difference between unilateral and bilateral contract, including their characteristics, formation, and implications in business and law.

Distinguishing Void Agreements from Voidable Contracts

Unlock the distinction between void agreements and voidable contracts. Learn the key differences and essential laws in this comprehensive guide.