Formal contract
id:
formal-contract-260-18450435
title:
Formal contract
text:
A formal contract is a contract where the parties have signed under seal, while an informal contract is one not under seal. A seal can be any impression made upon the document by the parties to the contract. This was traditionally done in wax stating the intentions of the parties to be bound by the contract. Only parties to a sealed document are the people who have rights under it, thus only people party to the contract can be found liable. According to Harvey Boller, J.D. Professor of Law at Lo
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Formal_contract
date created:
date modified:
2023-11-02T01:47:58Z
main entity:
{"identifier":"Q5469957","url":"https://www.wikidata.org/entity/Q5469957"}
image:
fields total:
13
integrity:
13