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1. www.youtube.com › watchWhat is Law? Law for youth and kids - YouTube

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   What is Law? Junior Law for youth and kids simplified and visualized

   • Video Duration: 3 min

   • Author: Lex Animata Law Visualized | Hesham Elrafei

2. www.youtube.com › watchGeneral Intro | Contracts | Contract Definition, What is a ...

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   This lesson provides a basic introduction to the legal definition of a contract and to promises as the basic building block of a contract. I also briefly con...

   • Video Duration: 29 min
   • Views: 2.5K

   • Author: Law Simply Explained

3. kids.kiddle.co › ContractContract facts for kids - Kids encyclopedia

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   Jun 8, 2024 · A contract is a written or verbal agreement describing certain obligations binding two or more parties. For a contract to be valid, it must meet the following criteria: There must be a meeting of the minds between the parties, meaning that they must have all generally understood what was being agreed.

4. kids.britannica.com › students › articlecontract - Students | Britannica Kids | Homework Help

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   Most simply, a contract is a promise that is enforceable by law. Because it is enforceable, there have arisen in Great Britain, continental Europe, the United States, and numerous other areas complex bodies of contract law to clarify the nature of contracts and the problems associated with their enforcement.

5. wiki.kidzsearch.com › wiki › ContractContract Facts for Kids | KidzSearch.com

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   Apr 18, 2024 · A contract is an agreement or promise that the law can enforce. The law will enforce some agreements but not others. For example, in most places, if a parent promises to take a child to get ice cream, the law will not enforce that promise as a legal contract.

6. study.com › academy › lessonContract | Definition, Types & Law - Lesson - Study.com

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   Nov 21, 2023 · The contract law definition refers to the governing body that will enforce and interpret contractual agreements. Most contract laws are bound by the state in which the contract...

7. People also ask

   What is a contract in law?

   • What Is a Contract? A contract definition refers to a two-party agreement, either given verbally or in writing, that provides a product or service to an individual or business. Consideration between the parties must be exchanged for the contract to be lawful and enforceable.

   Contract | Definition, Types & Law - Lesson - Study.com

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   How is contract law used in everyday life?

   • Contract law protects both parties in the contract. Certain types of contract law are used in everyday life. Some contract law examples used daily are: Public transportation: When tickets are bought, a contract is formed based on the assumption that transportation will be provided.

   Contract | Definition, Types & Law - Lesson - Study.com

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   What should a contract include?

   • Most contract laws are bound by the state in which the contract was created. Contracts should include a governing law provision that outlines the laws specific to the state. Contracts should specify how a dispute regarding the contract should be handled and should also state the consequences for breach of contract.

   Contract | Definition, Types & Law - Lesson - Study.com

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   When is a contract enforceable?

   • In other words, a contract is enforceable when both parties agree to something, back the promise up with money or something of value, both are in sound mind and intend to carry out their promise and what they promise to do is within the law. Most commonly, a contract is written and signed by the parties.

   Contract | Definition, Types & Law - Lesson - Study.com

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   When does a contract exist?

   • A contract is said to exist when an offer is made and then accepted. All contracts must be entered into both willingly and freely, and an offer generally cannot be rejected once it has been accepted.

   contract - Students | Britannica Kids | Homework Help

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   What are contract rights?

   • Under law, contract rights are a type of property. As such they may be sold or otherwise transferred from one person or institution to another. A sales contract, for instance, may be turned over to a bank or loan company by the seller. The buyer then makes payments, including interest, to the financial institution instead of to the seller.

   contract - Students | Britannica Kids | Homework Help

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8. enty.io › blog › what-is-contract-law-definitionWhat is contract law? Definition, types, and key principles

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   Contract law is a vital part of daily business operations, providing the legal foundation for agreements across industries. Below are detailed examples of how contract law is applied in various scenarios, ensuring clarity, accountability, and fairness.