Question

What can make a contract too specific and what could happen if it is? Give an example.

No handwritten answers please.

Answer 1

An contract is fundamentally a consent to do or not to accomplish something. Saying an agreement is substantial methods it's legitimately official and enforceable. The purpose of an agreement is to obviously outline an contract so the object is accomplished and prevent any future disputes or problems.

agreement can be in Written or oral agreement. The agreement is consider to be lawful when it incorporates following -

1- Consent- A contract is only consider valid when there is consent between both the parties, The person or party should not sign the contract in any pressure. A legal contract is a contract which is signed by both the parties without any pressure.

2- Consideration must be there- All contract requires consideration to consider the contract valid. The consideration means that party is gaining something when they are signing contract that is consider to a consideration. For example you buy something or you agree to buy something then you get the commodity that is consideration and you are paying momney to the person so that will be consideration for him. If there is no consideration involved in the contract thhen it is not a legal contract.

3- Parties involved- Anyone can sign contract but the thing is the person should be legal to sign the contract. He should not be minor, mentally unstable, or unsound from his mind. In an agreement two parties are involved for example if you are buying product or agree to buy then two party are involved such as shopkeepers and you.

The example of contract too specific are- The contract is signed between two parties to work together. The parties which signs the contract must be legal in term of law and they are signing the contract without any pressure or forcefully they are not signing the contract. The contract must contain any consideration such as when two parties are signing the contract then one party which are purchase the goods from other party is getting goods in consideration to the contract and other party is getting money in consideration to contract.