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INO Legal Assistance
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INO Legal Assistance
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INO LEGAL GUIDELINES
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INTERPRETATION OF CONTRACT TERMS
A contract is a legally enforceable agreement between two or more persons to do, or to refrain from doing, a particular thing in exchange for something of value. Contracts generally can be written, using formal or informal terms, or entirely verbal. If one side fails to live up to his/her/its part of the bargain, there's a "breach" and certain remedies for solving the differences are available. The terms of the contract - the who, what, where, when, and how of the agreement - define the binding promises of each party to the contract. The core of most contracts is a set of mutual promises (in legal terminology, "consideration"). The promises made by the parties define the rights and obligations of the parties. Contracts are enforceable in the courts. If one party meets its contractual obligations and the other party doesn't ("breaches the contract"), the non-breaching party is entitled to receive relief through the courts.
ASSOCIATE MEMBERSHIP allows you to submit your contracts for review by our legal representatives.

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