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Practice Areas

Contract Law

What is Contract Law?

Contract law is an area of United States law that involves agreements between people, businesses, and groups. The most important issue, when contracts are to be entered into, is to engage the assistance of an attorney prior to signing the document. When someone does not follow an agreement, it is called a “breach of contract” and contract laws allow you to take the problem to court. Contract law attorneys and a judge will discuss the case and determine a fair solution.
A contract is a legally enforceable agreement between two or more parties that creates, defines, and governs mutual rights and obligations between them. A contract typically involves the transfer of goods, services, money, or a promise to transfer any of those at a future date.

Elements

The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality. In some states, elements of consideration can be satisfied by a valid substitute.

Differences

A contract for differences (CFD) is a financial contract that pays the differences in the settlement price between the open and closing trades. CFDs essentially allow investors to trade the direction of securities over the very short-term and are especially popular in FX and commodities products.

Business

A business contract is a legally binding agreement between two or more parties that governs any transaction made in a business environment.

Options

An options contract is an agreement between two parties to facilitate a potential transaction on an underlying security at a preset price, referred to as the strike price, prior to or on the expiration date.

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When conflicts arise in connection with a lease, our attorneys work closely with our clients to develop creative solutions that resolve the dispute in a quick and cost-efficient manner. If an effective resolution cannot be achieved through negotiation, our attorneys are well-prepared to vigorously pursue the matter in court or settle the dispute through mediation or arbitration. Contact us today for help with your case.