Contracts & Property Law

    Hello Everyone, Its been a while since I last blogged, but since my first day of Paralegal School, Our class has gone through four Quizzes, and I lost count of how many homework assignments I have completed. Out of all the classes I have, I have to admit that my interest is drawn more towards Contracts & Property Law. Don't get me wrong I like all my classes that I have, Its just that I find that Contracts Law has so many factors that grabs my attention. What I have learned about that class is that, everyone will sue for just about anything and everything.

     What I have learned from the Contracts Law  Class is that in order for you to get into a contract with someone you need to have the following conditions:  (1) Agreement, (2) Consideration, (3) Contractual Capacity, and (4) Lawful object.  What those four things mean is that the Offerer needs to present the Offer to the Offeree. The Offeree now has the option to either make the contract by either Agreeing or Rejecting the contract. If the Offeree wants to make adjustments to the contract that is considered to be a Counter-Offer, and now the Offerer has the power to either Accept it, or Reject it. All of the parties have to have what is called Contractual Capacity, which means that the person has to be able to recognize the situation they are getting themselves into, and that they cannot be Adjuged Insane, Intoxicated, a Minor, Insane- but not Adjuged and so forth and so on.  The list of people that cannot enter a contract, does not mean that they will not enter into a contract. Those kind of contracts cannot be enforced or is an unenforceable contract.


    Furthermore on the unenforceable contracts, what that means is that those kind of contracts can be void,  even if the contract was breached,or if the contractual duty was not fulfilled, they cannot be sued.  I will continue speaking about Contractual Capacity in my later blogs.  The contract has to have a Lawful Object, meaning that the object or the duty that is to be performed has to be legal, if the object is illegal, it cannot be enforced in the courts.  This is just 1% of what I have learned from the classes so far. There are so many things to consider before getting into a contract, and so many things to protect yourself while in the contract, but the thing is you gotta read the contract carefully before agreeing to it.  Good Night Everyone, and Be Safe.