Sec.1. A _Contract_ Is An Agreement Between Two Or More Persons, By Which
The Parties Agree To Do, Or Not To Do, A Particular Thing. Contracts Are
_Executory_, When The Stipulations Remain To Be Executed, Or When One
Party Agrees To Sell And Deliver, At A Future Time, For A Stipulated
Price, And The Other Agrees To Accept And Pay. Contracts Are _Express_,
When The Parties Contract In express Words, Or By Writing; _Implied_,
When An Act Has Been Done Which Shows That The Parties Must Have
Intended To Contract; As, When A Person Employs Another To Do Some
Service, It Is Presumed That The Party Employing Intended To Pay For The
Labor Performed.
The Parties Agree To Do, Or Not To Do, A Particular Thing. Contracts Are
_Executory_, When The Stipulations Remain To Be Executed, Or When One
Party Agrees To Sell And Deliver, At A Future Time, For A Stipulated
Price, And The Other Agrees To Accept And Pay. Contracts Are _Express_,
When The Parties Contract In express Words, Or By Writing; _Implied_,
When An Act Has Been Done Which Shows That The Parties Must Have
Intended To Contract; As, When A Person Employs Another To Do Some
Service, It Is Presumed That The Party Employing Intended To Pay For The
Labor Performed.
Beiträge und Kommentare