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LSDefine

Simple English definitions for legal terms

informal contract

Read a random definition: testing clause

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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[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
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