Agreement As Defined By Law

By September 9, 2021 No Comments

Tom, meanwhile, promised Jim to complete the work outlined in the agreement. In criminal law, the offence of conspiracy that is not compensated requires a convention to commit an illegal act. An agreement in this context is not necessarily explicit; On the contrary, one can deduce from the facts and circumstances of the case a meeting of minds. A contract of favorable law is an enforceable agreement between two or more parties. It can be oral or written. The party to whom the offer or proposal is submitted accepts, in this regard, against reciprocal consideration, the offer is deemed to have been accepted, which gives rise to a promise. Contract law is based on the principle expressed in the Latin phrase pacta sunt servanda (“Agreements must be respected”). .