Transactions & Contracts

Know the significance of leagal agreements between two parties or more in contractual law

A contract is nothing but a legally binding or a valid agreement in between two parties. Legal firms in Dubai assists best in this matter.  Generally a law is considered valid whether an agreement contain such elements like offer and acceptance, intention between two parties or making binding relations, payment is promised to be made in basis of private as well as public law, legal capability of the both the parties to act and genuine consent of the parties and legality of the agreement. In general law, a contract, often called an agreement by the help of legal consultant in some jurisdictions is nothing but an agreement having a lawful object agreed in two more parties, but each of whom is intends to make one or more than one legal obligations in them.