Categories for Contract Law

What You Need to Know About Legally Binding Contracts in Florida

January 11, 2020

A contract is a formalized agreement between people or entities in which one party agrees to provide goods or a service in exchange for other goods or services or money. A contract is established when one party offers the exchange and the other accepts the offer. The contract is important because the existence of an offer and acceptance is not enough to make it legally binding—the written contract is what makes the agreement “official” in terms of contract law in Miami, FL. For a person or entity to enter into a legally binding contract, they must have the legal capacity... View Article

Rubén J. Padrón, PA