Find Laws Find Lawyers Free Legal Forms USA State Laws
Home » Find Laws » Contract Law Laws » Types Of Contracts » Quick Look Into Formal Contract

Quick Look Into Formal Contract

Formal Contract

Must Read

Don't Miss These Important Facts About Government Contracts

Explore the Types of Contracts

Find Out the Contract Types Here

Implied Contract At A Glance

Popular In Contract Law

One Year Rule   Intoxication   Breach Of Contract   Contracts Contrary To Statute   Settlement   Meeting Of The Minds   Enforceable Without Consideration   Contact Law Background   Contract Vs Agreement   Objective Theory Of Contracts   Option Contracts   Restatement Of Contracts  

A formal contract is a highly specialized type of legal contract. Historically, a sealed formal contract was handled differently than a legal contract to which the parties had not affixed a seal. A formal contract with a seal was found to have a longer statute of limitations than a legal contract that did not have a seal. In modern contract law, however, no distinction is made between a formal contract and an informal contract.

NEXT: Read These Important Facts About the UCC Corporate Compliance

Related Articles

Link To This Page

Comments

POPULAR IN CONTRACT LAW

Most Popular on Site

1 of 3
North Dakota Disability Benefits North Dakota Disability Benefits
Guide to Roth IRAs Guide to Roth IRAs
What Are The Acts of Parliament What Are The Acts of Parliament
When To File A Waiver for Immigration Bands When To File A Waiver for Immigration Bands
Environmental Policy Coverage Environmental Policy Coverage
The Facts on Network Hacking The Facts on Network Hacking
What to Know About Deportation Hearings What to Know About Deportation Hearings
The Declaration of Independence The Declaration of Independence
Arkansas License Plates Arkansas License Plates
Find an DE Lawyer
Guide to Finding a Lawyer

MORE IN CONTRACT LAW

Read These Important Facts About the UCC Corporate Compliance Read These Important Facts About the UCC Corporate Compliance
Tips