Contract law reddit

  • But for an agreement to be legally valid and enforceable, several elements must be fulfilled: Legality, Capacity, Offer, Consideration, Intention, Certainty, and Acceptance.

How do I read a contract if I'm not a lawyer?

Here are a few tips for reading contracts when you’re not a lawyer: Just read the darn thing

Roman numerals with subsections and terms like ‘force majeure’ can be intimidating at first, but once you start reading, you might be surprised by how much a lay person can read and understand in a standard business contract

What do you think about smart contracts in law?

Or they see it as a mechanism to ensure that people either perform or pay some sort of damages

If you think of contract law in this way, as just a mechanism to ensure a certain kind of result, then smart contracts will look like they can serve this function and maybe serve it more efficiently


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