In Legal Terms: Contracts


Manage episode 249694076 series 1041544
By MPB Think Radio. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

As we begin the year 2020, familiarize yourself with contracts to protect yourself and understand your agreement.

Professor Richard Gershon reviews contracts for us:

  • Contracts don't always need to be written out, but having them in writing makes the agreement clearer to all parties.
  • Illegal contracts aren't enforceable
  • Contract = Promise and adequate consideration
  • Counter offers negate previous offers
  • Under 21? NO CONTRACT

A caller also learned you can disclaim an asset that is willed to you.

161 episodes