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Posted by / 21-May-2018 13:18

Implied in fact contract and dating

Generally, only the parties who are named in a contract may sue or be sued to enforce it.

Generally, there has been a “meeting of the minds” if a court finds that a reasonable person in the position of each of the parties would have been led to believe by the actions or words of the other party that a contract had been created between them, and that each had the same understanding of its terms.It may be express (a promise made explicitly) or implied (a promise inferred from one’s conduct).A type of obligation similar to a contract may even be created, under certain circumstances, by a court in the interests of justice; this is known as quasi-contract or a contract implied in law.These laws can vary from one jurisdiction to another, and the statements and analysis offered here are only generalizations.There are, however, broad commonalities between different states’ contract laws, a result of their common descent from English common law.

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The parties may also wish to specify the time for performance, i.e., set a limit on how long each party has to fulfill its obligations.

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