asked 172k views
3 votes
A contract must always be in written form, and it must be signed by the parties involved

True
False?

asked
User EvanK
by
8.7k points

1 Answer

1 vote

Final answer:

The statement that all contracts must be in written form and signed is false; contracts can be oral, written, or implied by conduct, with some exceptions. Employment contracts typically are written and signed, detailing roles, rights, and responsibilities. Understanding contract language and differences between contract law and constitutional elements, like the necessary and proper clause, is important.

Step-by-step explanation:

The statement that a contract must always be in written form and signed by the parties involved is false. In law, contracts can be oral, written, or even implied by conduct, with certain exceptions which require written form such as real estate transactions or contracts that cannot be performed within one year.

Most contracts do require signatures for added legality and proof of agreement, but this is not always a legal necessity unless specific legislation requires a signature or written form. For instance, employment contracts will often be in written form and will require signatures, as this provides clarity on terms such as salary, employee rights and responsibilities, and termination policies.

Understanding Contracts

When examining the nuances of contract law and the importance of understanding your employment contract, it’s vital to recognize the implications of the language used within and the legal bounds it sets. The capacity to argue for your interpretation of the contract's language may involve utilizing various rhetorical strategies.

It is also necessary to differentiate between standard contract requirements and constitutional elements such as the necessary and proper clause of the U.S. Constitution, which contrary to its name, has actually expanded the powers of the national government rather than limited it, as seen in Exercise 9.3.1 from the reference.

answered
User Seeta Ram Yadav
by
7.8k points

No related questions found