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Welcome to Massachusetts Contract Lawyers.com
Did You Know?
Parol Evidence Rule' Forbids The Change Of Terms Of A Written Contract
The parol evidence rule enacts a principle of the common law of contracts that presumes that a written contract covers the agreement between the parties involved. It forbids the introduction of extrinsic evidence which would change the terms of a written contract.
Contracts form the basis for all business agreements. Any time you or your company agree to take some action or make a payment in exchange for anything of value, a legal contract has been created. By definition a contract is an agreement in legal form between two or more parties to do or not do some legal act. Contracts can be either an express contract or an implied contract. An express contract is one in which the terms are expressed verbally, either orally or in writing. An implied contract is one in which some of the terms are not expressed in words.
When a contract has been violated for any reason it is known as breach of contract. Since both parties are legally bound by the contract, the party that breaches the contract can be sued for money damages. If you have entered into a contract that has been breached, Massachusetts Contract Lawyers can help you recover damages.
Since a contract can have serious legal ramifications, it should not be entered into lightly. A competent Massachusetts Contract Lawyer has the expertise to help you avoid the pitfalls of contract law.
Halliburton Workers Testify about Contracts
AUDIO, RM, 48 Kbps, 3:24, 7/22/2004
Employees and executives of Halliburton and its subsidiary KBR discuss the company's Iraq contracts on Capitol Hill. Former employees, described by some as "whistleblowers," testify about what they say was bad performance and over-charging by the com Source: NPR
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News about contract cases in Massachusetts and nationwide:
Definition:
A contract that is oral only as distinguished from one that is written.
Date of Issue
Definition:
The arbitrary date on a contract or on a financial instrument fixed as the date from which the term runs.
Hold Harmless Contract
Definition:
An agreement by which one party accepts responsibility for all damages and other liability that arise from a transaction, relieving the other party of any such liability.
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