Contract How To Make An Agreement A Contract

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HOW TO MAKE AN AGREEMENT A CONTRACT!Steve Brown, [email protected] Of PresentationThe difference between agreements and contracts?Agreements & contracts – how are they the same?Why have a contract instead of an agreement?What distinguishes Contracts & AgreementsTypes of ContractsNegotiating a contract or agreement what to watch out for:Promissory estoppelMisleading & deceptive conductUnconscionable conductSteve Brown, [email protected] Difference Between Agreements and Contracts?Agreements are not as a general rule:Legally enforceableCourts will not involve themselves.Steve Brown, [email protected] Difference Between Agreements and Contracts?Contracts are ALWAYS:Legally enforceableCourts will enforce as the law dictatesSteve Brown, [email protected] Enforceable AgreementIf you wash my carI’ll give you $10Steve Brown, [email protected] Enforceable AgreementI’ll pick you up fordinner at 8 o’clockSteve Brown, [email protected] & Agreements –Contracts & Agreements –How Are They the Same?Practical Answer – they are bothRisk Minimization tools that operate as Checklists or Rule Books by applying Performance standardsSteve Brown, [email protected] & Agreements –Contracts & Agreements – How Are How Are They the Same as Risk ToolsAgreement to meet and discuss a form of long term supply arrangementContract to supply an appleContract or agreement to import coal tare and toll manufacture chemicals in AustraliaSteve Brown, [email protected] & Agreement -Contracts & Agreement - As As Checklists or Rule BooksWho is to do what – who is supply goods or services; Who is paying for the goods or services.When are the services\goods to be supplied –when are they to be paid for.How are the services\goods to be supplied.Consequences of good or poor performance.Steve Brown, [email protected] have a Contract instead of an Agreement RiskFormality &Legalityleast formal to most formal formform of Agreement oral contract of written contractSteve Brown, [email protected] Outline
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