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| ==Compact== | | ==Compact== |
| "Compact" and "contract" are used as convertible terms.<ref>''[[Chesapeake, etc., Canal Co. v. Baltimore, etc., R. Co.]]'', 4 Gill &: J. (Md.) 1, 130 ("It is a mutual consent of the minds of the parties concerned, respecting some property or right, that is the object of the stipulation, or something that is to be done or forborne; 'a transaction between two or more persons, in which each party comes under an obligation to the other, and each reciprocally acquires a right to whatever is promised or stipulated by the other,' and any words manifesting that ''congregatio mentium'', are sufficient to constitute a contract").</ref> | | . "Compact" and "contract" |
| | are used as convertible terms.21 |
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| ==Express Contracts== | | ==Express Contracts== |