Contracts are needed for any kind of oral or written transaction where there is a medium of exchange involved. However, in the USA most people are not even aware on how the law of contracts work. Legal experts state that when you are entering into a contract, it is prudent for you to always go in for a written contract. However, there are some cases where even an oral contract is valid and can be implemented under law. Now, the question that comes to you is what are contracts and how do they work?
Dan DeKoter-Understanding the Law of Contracts
Dan DeKoter is an esteemed civil attorney in the USA and he says that there are several people that come to him when it comes to questions that pertain to the law of contracts in the USA. He says that when you are going into a contract you should get the terms and conditions written as this helps you in a large way to be safe in case there is a violation. Now, when it comes to oral contracts, it takes time for you to prove its validity in a competent court of law. This is why he says that you should always ensure that you speak to a lawyer and get the terms written down in case there is a breach or a violation.
There is a difference between an agreement and a contract
Contracts are not the same as agreements. Most people do not realize the subtle difference between the two. In the case of a contract there are two consenting parties to the terms that have been laid down. Agreements are just one element of the contract. If the contract is illegal in nature it cannot be implemented in any court of law. This is why he says that when you are going into a contract, ensure it is legal so that later if breach or violation takes place by any one of the parties, it is not considered null and void.
Take the aid and consultation of a good lawyer all the time
Now in the case of international contracts, you should always take the consultation of a good legal professional. The reason being that there are some transactions that are legal in one nation however illegal in another country. Therefore, in case such a contract does take place, you will find that it becomes a subject of dispute and cannot be implemented. This is why in case you are getting into an international contract, always consult a good lawyer who is skilled and well-versed in the matter of contractual law in both the countries.
Dan DeKoter is an esteemed lawyer who helps his clients understand the repercussions of legal contracts. He says that when you are looking for legal aid, always speak to a professional who has many years of experience and skill in the field. In this way you effectively are able to get the best for your interests and be certain that the contract you enter into is legal in the eyes of law!