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Simple English definitions for legal terms

informal contract

Read a random definition: vicem fructuum obtinere

A quick definition of informal contract:

An informal contract is an agreement between two or more people that creates obligations that can be enforced by law. It can be written or verbal, and it doesn't have to follow any specific format. However, it's important to note that the law may not always recognize informal contracts, so it's best to have a written agreement to avoid any misunderstandings.

A more thorough explanation:

An informal contract is an agreement between two or more parties that is not necessarily written down or formalized in a legal document. It is still legally binding and enforceable, but it may not have all the formalities of a traditional contract.

For example, if you agree to mow your neighbor's lawn every week in exchange for them walking your dog, that is an informal contract. There may not be a written agreement, but both parties have agreed to certain obligations and can hold each other accountable.

Another example of an informal contract is when you hire a friend to paint your house. You may not have a formal contract, but you have agreed to pay them a certain amount of money in exchange for their services.

These examples illustrate that an informal contract can still be legally binding and enforceable, even if it is not as formal as a traditional contract. It is important to understand the terms of any agreement, whether it is formal or informal, to avoid any misunderstandings or disputes.

informal consideration | informal disposition

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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