Contracts/Formal requisites: Difference between revisions
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Lost Student (talk | contribs) (Created page with "{{:Contracts/TOC}} == Seal == == Writing == == Signing == == Delivery == == Date == == Leaving Blanks in Writing == == Revenue Stamps ==") |
Lost Student (talk | contribs) (Adapted and imported text from Corpus Juris, The American Law Book Co., New York, NY (1917)) |
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== Seal == | == Seal == | ||
A contract under seal is a contract to which the seal of the party or parties executing it is affixed, and which derives its validity from its form alone, and not from the fact of agreement<ref>See [[Contracts/Acceptance#Acceptance by Assent|Acceptance § Acceptance by Assent]].</ref> to or from consideration<ref>See [[Contracts/Consideration#Contracts under seal|Consideration § Contracts under seal]]</ref> A contract under seal is necessary at common law where the promise is without consideration, and in many jurisdictions conveyances of land and certain other contracts are required by statute to be under seal. Contracts under seal are treated under other titles. Contracts under seal are also known as specialties.<ref>See Doyle v. West, 60 Oh. St. 438, 447, 54 NE 469.</ref> | |||
== Writing == | == Writing == |
Revision as of 02:23, August 20, 2020
Seal
A contract under seal is a contract to which the seal of the party or parties executing it is affixed, and which derives its validity from its form alone, and not from the fact of agreement[1] to or from consideration[2] A contract under seal is necessary at common law where the promise is without consideration, and in many jurisdictions conveyances of land and certain other contracts are required by statute to be under seal. Contracts under seal are treated under other titles. Contracts under seal are also known as specialties.[3]
Writing
Signing
Delivery
Date
Leaving Blanks in Writing
Revenue Stamps
- ↑ See Acceptance § Acceptance by Assent.
- ↑ See Consideration § Contracts under seal
- ↑ See Doyle v. West, 60 Oh. St. 438, 447, 54 NE 469.