| A | B |
|---|
| Parol Evidence Rule | Rule under which a written contract cannot be charged by prior oral or written agreements. |
| Express Contract | Contract in which the agreessment of the parties is spoken or writen. |
| Formal Contract | Written contract that must be in a special form to be enforceable. |
| Exeuted Contact | Contact that has been fully performed. |
| Simple Contact | Any contact that is not a formal contract. |
| Imptied Contact | Contact in which intent of the parties is shown by conduct or circumstances. |
| Quasi Contact | Obligation that is enforced as if it werwe a contact in order to prevent unjust enrichment of one party. |
| Statute of Frands | Law stating that certain agreement s are not enforceable unless they are in writing and are signed by the party against whom the contract is to be enforced. |
| Executory Contact | Contact that has not been fully performed. |
| Contact of Adhesion | Contact in which the more powerful party dictates all tha important terms. |
