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Simple English definitions for legal terms
certain contract
Read a random definition: vill
A quick definition of certain contract:
A certain contract is an agreement between two or more parties that creates obligations that can be enforced by law. It can be a written document or a verbal agreement. A contract is like a promise that must be kept, and if it is broken, there are consequences. It is important to understand the terms of a contract before agreeing to it.
A more thorough explanation:
A certain contract is an agreement between two or more parties that creates enforceable obligations. It can be in writing or verbal, but it must be recognized by law.
For example, if you agree to sell your car to someone for a certain price, and they agree to pay that price, you have a certain contract. If either party fails to fulfill their obligations, the other party can take legal action to enforce the contract.
Another example of a certain contract is a lease agreement. If a landlord and tenant agree to certain terms, such as rent amount and length of lease, and both parties sign the agreement, it becomes a certain contract. If either party violates the terms of the lease, the other party can take legal action.
In summary, a certain contract is a legally binding agreement between parties that creates enforceable obligations. It can be in writing or verbal, and if either party fails to fulfill their obligations, the other party can take legal action to enforce the contract.