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Business Law: Proper Form for Contracts

AB
parol evidence ruleRule under which a written contract cannot be changed by prior oral or written agreements
express contractContract in which the agreement of the parties is spoken or written
formal contractWritten contract that must be in a special form to be enforceable
executed contractContract that has been fully performed
simple contractAny contract that is not formal
implied contractContract in which intent of the parties is shown by conduct or circumstances
quasi contractObligation that is enforced as if it were a contract in order to prevent unjust enrichment
statute of fraudLaw stating that certain agreements are not enforceable unless they are in writing and are signed by the party against whom the contract is to be enforced
executory contractContract that has not been fully performed
contract of adheisoncontract in which the more powerful party dictates all the important terms
notary republica public officer who is formally certifies that teh signatures on deeds and other document are authentic

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