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Simple English definitions for legal terms

substituted contract

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A quick definition of substituted contract:

A substituted contract is an agreement between two or more parties that replaces a previous agreement. It is a legally binding document that creates obligations that can be enforced by law. A contract can refer to the series of actions taken by the parties, the written document that records the agreement, or the legal relations resulting from the agreement. In simple terms, a contract is a promise that must be kept, and a substituted contract is a new promise that replaces an old one.

A more thorough explanation:

A substituted contract is a type of contract that replaces an existing contract with a new one. It occurs when the parties involved in the original contract agree to replace it with a new one that has different terms and conditions.

For example, let's say that John and Jane enter into a contract for John to sell Jane his car for $10,000. However, before the sale is completed, John decides that he wants to keep the car and offers to sell Jane a different car instead. If Jane agrees to this new arrangement, they have entered into a substituted contract.

Another example of a substituted contract is when a contractor agrees to perform a different type of work than what was originally agreed upon in the contract. For instance, if a contractor was hired to build a house but later agrees to build a garage instead, this would be a substituted contract.

Overall, a substituted contract is a way for parties to modify an existing contract without having to cancel it altogether. It allows for flexibility and can be beneficial for both parties involved.

substituted complaint | substituted executor

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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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