CONTRACTS

Contracts

[Name of the Institute]

Contracts

Introduction

The papers aims to critically analyze and explain the topic i.e. Contacts. A contract can be defined as the bond legal between two or more legal entities matched by the will, the responsibility of the act signed, guarded by legal certainty in their social equilibrium i.e. it is a legal transaction bilateral. It is the meeting of minds, able to create, modify or extinguish rights. Contract clauses create law between the parties, but are subordinate to positive law. Contract terms cannot be in violation of positive law, under penalty of being null. Therefore, it is an agreement based on the mutual interest of the parties. It provides order and stability in economic turnover, which cannot be achieved with the most severe administrative and legal means. It provides the legal treatment of the normal economic relations in all spheres of public life. It is estimated that the contract of sale matches between sixty and seventy percent of all contracts made by the world's population. Moreover, contract is classified into various types with respect to the profession and policies.

Civil contract is very common and is used constantly in the process of most businesses. A civil contract is a unique remedy, in which the interest of each party to the contract can be satisfied only if that party will satisfy the other party. This gives rise to the general interest of the parties to the contract and its proper execution. Group agreements aimed at the transfer of property ownership (economic or operational management) are: sales contracts, supply, contracting, exchange, loan, gift annuity. The common feature of these agreements is the group, then that property as a result of any one of them goes to the acquirer of a permanent, unlimited period of possession on the basis of property law, giving the purchaser a wide range of powers.

Background

Contract as the basis for projects in the supply of corporate information systems or services often become the subject of discussion at the moment when there is a more serious problem. It is not the exception, that the parties in such cases are looking for any, even formal, rift, which would help in resolving the dispute. Therefore, you should pay particular attention to contracts. And that's just in the prevention of protracted litigation. Another benefit, the parties tend to overlook is the need to clearly articulate each other's requirements. Even if the supplier with the customer generally understands only when they formulate their agreement in writing, it appears the questions that by this time tackling at all.

In practice, it is very often part of the analysis of the actual implementation process. In legal terms, this means that the contract contains a specific definition of performance (includes agreement on how it should look output analysis) and other more or less general definition of performance (the actual implementation are likely to be affected by the result of the analysis). The solution always depends on the specific circumstances of the case. Sometimes the contract may contain a ...