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- Get definitions for 'definite' and 'certain' and other key terms.
- Learn how courts determine the parties' intent.
- Study the reasons courts will imply certain terms to clarify a contract.
- Understand the parol evidence rule.
- Identify the three forms of conditions in contracts.
- Find out how contract conditions are excused.
1. Certainty of Terms: Definition and Terminology
In order to form a legally binding contract, you must first have a valid offer. A valid offer must contain definite and certain terms. This lesson discusses the key requirements of a valid offer.
2. Rules of Construction and Interpretation in Law
Sometimes a contract dispute will end up in court. A court must examine and interpret the contract in order to determine what the parties intended. This lesson explores how courts determine the parties' intent.
3. Implied Terms in a Contract: Definition & Explanation
Sometimes a contract dispute will end up in court. A court must examine and interpret the contract. Often, a court will imply certain terms in order to clarify the contract. This lesson explores the use of implied terms.
4. Parol Evidence Rule: Definition, Examples & Purpose
Often, a court will rule that a written contract represents the entire agreement between the parties. Other contract evidence won't be permitted or enforced. This is called the parol evidence rule. This lesson explains the rule and how it works.
5. Conditions in Contracts: Definition & Forms
The conditions of a contract determine the parties' obligations. A condition is an act or an event that affects the parties' contractual duties. There are three different forms of contract conditions. This lesson explores each of those conditions.
6. How Contract Conditions are Excused
A contract condition is an act or an event that affects the parties' contractual duties. A condition determines the parties' obligations, but sometimes a condition can be excused. This lesson explains the different ways that a contract condition can be excused.
7. Restrictive Covenant: Definition & Example
By working through this lesson, you can gain an understanding of restrictive covenants. Furthermore, you will review related terminology as well as an example designed to increase your comprehension.
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