A contract can be described as the relations between humans/parties that can include their promise or set of promises (e.g., duties, acts, transfers of interests, exchange in the now or future, their bargain, legal obligation, exchange) and agreements and the instrument/memorialization of agreement/document of their relations in writing (e.g., an entire complex of these, including customs, social/economic roles, and basic assumptions) which can entail potential legal consequences or remedies for performance or breach or enforcement (e.g., specific performance, money judgment).
Posted by: Byron King on 07/25/23 (This information is only accurate as of 07/25/23. You must contact SCR for updates and changes to this information after 07/25/23 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org)
This information is not legal advice. This information is intended only to provide general information and may not be relied upon as specific legal guidance. Legal counsel should always be consulted before acting in reliance on this information.