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July 20, 2010

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Contract News

Before You Enter into a Home Improvement Contract

Both parties to a contract must give their consent, which must be true and freely given. If one party's consent was obtained through fraud (deception or trickery), the contract can be canceled by the other party.

A contract can also be canceled if it is signed under duress or undue influence. Examples of duress are threats of or actual physical harm. Undue influence occurs when a person does not freely exercise his or her own free will as a result of another person's influence.

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Did You Know?

If You Co-Signing For Someone Else You Are Responsible For Their Debt
If you co-sign, you are responsible for their entire debt. Therefore, if the other person chooses not to pay you will have to pay the full amount, even if you had no part of the services or goods.

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	News about contract cases in Virginia and nationwide: NASA Announces Mars Science Lab Mission Launch Contract NASA's Kennedy Space Center in Florida has selected Lockheed Martin Commercial Launch Services Inc. to deliver an Atlas V rocket for the Mars Scien... Read more > US: Playing Politics With Federal Contracts US: Playing Politics With Federal Contracts Secretary of Housing and Urban Development (HUD) Alphonso Jackson suggested at... Read more > More Contract News >

Contract Terms

Today's Terms

Beneficiary

Definition:
The person for whose benefit a contract, or trust, or will is executed or enforced.

Exculpatory Clause

Definition:
A contractual clause that releases one party from liability in case of wrong doing by the other party involved.

Escape Clause

Definition:
A provision in a contract or other document permitting parties to avoid liability for nonperformance under certain conditions.

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Contract Hot Topics

Topics Related to Contract:

Acceptance
Breach of Contract
Conditions
Liability
Offers
Underwriter
Warranty
Competent Parties
Mutual Assent
Consideration

Virginia Contract Attorney

If you live in the following cities and need an Contract attorney you should contact our Contract Attorney as soon as possible:

Alexandria
Annandale
Arlington
Ashburn
Blacksburg
Burke
Centreville
Charlottesville
Chesapeake
Chester
Chesterfield
Christiansburg
Colonial Heights
Culpeper
Danville
Dumfries
Fairfax
Falls Church
Fredericksburg
Front Royal
Glen Allen
Hampton
Harrisonburg
Herndon
Hopewell
Leesburg
Lorton
Lynchburg

Manassas
Martinsville
Mc Lean
Mechanicsville
Midlothian
Newport News
Norfolk
Petersburg
Portsmouth
Powhatan
Radford
Reston
Richmond
Roanoke
Salem
Spotsylvania
Springfield
Stafford
Staunton
Sterling
Suffolk
Vienna
Virginia Beach
Waynesboro
Williamsburg
Winchester
Woodbridge
Yorktown

Legal Disclaimers
All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Virginia Contract Lawyers.com is not intended to be legal advice, but merely conveys general information related to legal issues commonly encountered. Your access to and use of this website is subject to additional Terms and Conditions.