Fabrizio Law Office - Contract Law - Fabrizio Law Offices

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Contract Law
Although the requirements for formation and termination of a contract, as well as the remedies for breaching a contract, may vary by jurisdictions, contract law is the area of the law in all jurisdictions that governs formation, termination and breach of contracts. A contract is generally defined as a legal agreement between two or more parties. It usually requires an offer, an acceptance of the offer, and consideration in order to be legally binding.

  Who may legally enter into a contract is one question answered by contract law. As a rule, minors may not legally enter into a contract. A person who lacks the appropriate mental state of mind is also prohibited from entering into a contract. In many jurisdictions, contract law makes a contract voidable if a person who lacks the legal capacity to enter into the contract is a party to the contract. A voidable contract may be voided by the person who lacks capacity; however, the other party to the contract is legally obligated under the contract unless and until the other party chooses to void the contract.

  The elements required to form and terminate a contract are also addressed under contract law. What constitutes an offer, an acceptance, and consideration are determined by the laws in the jurisdiction where the contract was formed. What may be the subject will also be governed by contract law. For example, in many jurisdictions, a contract that calls for something illegal to be be done, or something that is impossible, may be considered void, and, therefore, not a legal contract at all. Termination of a contract must also be accomplished pursuant to the rules of contract law in the jurisdiction where the contract was executed as a rule.

  In many jurisdictions, by far the largest portion of the jurisprudence on contract law is devoted to issues surrounding breach of contract. When one party does not perform according to the terms of a contract, he or she is said to be in breach of contract. Under what circumstances a party may breach the terms of a contract are governed by contract law. Also within the area of breach of contract, contract law will determine what damages are available to a person who has suffered injuries as the result of another party's breach. In most cases, damages will be in the form of monetary compensation; however, in some cases, a court may order specific performance which requires the party who breached the contract to actually fulfill his or her part of the contract.

  Jo. A. Fabrizio has experience drafting, negotiating, and reviewing all types of contracts, whether commercial or private. She is experienced with contracts involving: sales, leases, real estate, and personal services. Ms. Fabrizio can help you avoid future legal problems through proper drafting and explaining your contractual rights and duties.

Contact Jo Fabrizio before you sign
The information contained at this website is provided for the use of the general public and is not intended to constitute solicitation or legal advice. Because of the evolving nature of the matters presented, the information herein is not warranted or guaranteed to be correct, complete, or up-to-date, and those with need for legal services should always seek the advice of competent counsel licensed to practice in their state or country, or otherwise authorized to practice therein, rather than relying upon information found in this website or elsewhere.
No attorney-client relationship is intended to be created by transmission of the information contained herein. Laws vary substantially from state to state. Jo A. Fabrizio, Esq. is licensed to practice in the State of New York. Readers of this site should always consult with knowledgeable counsel licensed to practice in their own state with respect to their specific legal needs. Transmission of a request for information via e-mail does not  create the attorney-client relationship. In constructing this website, every endeavor has been made to comply with all known legal and ethical requirements.

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Tel: 607.771.1984
Fax: 607.722.2842
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