Ethical Implications in Contracts
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. When creating a contract, a negotiator is not only doing so to reach an agreement between two or more parties, but to create an agreement that is durable; whereby parties of the contract are legally bound and committed to its promises (Wade and Honeyman 2005, 7). A legally binding contract is defined as an exchange of promises or an agreement between parties that the law will enforce, and there is an underlying presumption for commercial agreements that parties intend...
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. When creating a contract, a negotiator is not only doing so to reach an agreement between two or more parties, but to create an agreement that is durable; whereby parties of the contract are legally bound and committed to its promises (Wade and Honeyman 2005, 7). A legally binding contract is defined as an exchange of promises or an agreement between parties that the law will enforce, and there is an underlying presumption for commercial agreements that parties intend to be legally bound (Contracts 2007). Provided an agreement is contractual in nature (Curtis v. Chemical Cleaning and Dyeing Co 1 KB 805), and regardless of whether or not they have read it, a person is bound by a written contract as long as they have signed it (L''Estrange v. Graucob 2 KB 394).
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