LegalFix

Contracts

A contract is generally a written or spoken agreement between persons or entities that includes obligations for each party (mutual obligations or mutuality) and enough specific information to be enforceable by either party (specificity).

The elements of forming an enforceable contract are generally (1) an offer made; (2) acceptance of the offer; and (3) consideration given by each party for the other party’s performance of the agreement—such as money in exchange for products or services, or mutual promises exchanged—which is often referred to as the bargained-for exchange.

The word "agreement" is often used interchangeably with the word "contract," and a document labeled as an agreement (with the necessary legal elements included) is as enforceable as a document labeled as a contract.



State Statutes for the State of Texas

CHAPTER 104 - ACREAGE CONTRACTS AND QUANTITY CONTRACTS

ACREAGE CONTRACTS AND QUANTITY CONTRACTS or a quantity contract. quantity contract. CONTRACT TYPE DISCLOSURE. state on its face that it is an acreage contract or a quantity contract, as applicable.

CHAPTER 1154 - FUNDING AGREEMENTS, GUARANTEED INVESTMENT CONTRACTS, AND SYNTHETIC GUARANTEED INVESTMENT CONTRACTS

FUNDING AGREEMENTS, GUARANTEED INVESTMENT CONTRACTS, AND SYNTHETIC GUARANTEED INVESTMENT CONTRACTS (1) "Annuity contract" means a contract, including a funding agreement, guaranteed investment contract (5) "Group annuity contract" means an annuity contract issued to a group and not an individual. (6) "Guaranteed investment contract" means a type of annuity contract issued by a life insurer: GUARANTEED INVESTMENT CONTRACTS

CHAPTER 1111A - LIFE SETTLEMENT CONTRACTS

LIFE SETTLEMENT CONTRACTS (I) any other contract, transaction, or arrangement from the definition of life settlement contract (2) necessary to effectuate the sale of a life settlement contract, or interests in the contract, as contract on or before 15 days after the date the contract is executed by all parties to the contract (d) A life settlement contract and an application for a life settlement contract, regardless of the

CHAPTER 791 - INTERLOCAL COOPERATION CONTRACTS

INTERLOCAL COOPERATION CONTRACTS (2) "Interlocal contract" means a contract or agreement made under this chapter. (b) A party to an interlocal contract may contract with a: by the contract. (d) The contract may:

CHAPTER 58 - DISASTER REMEDIATION CONTRACTS

DISASTER REMEDIATION CONTRACTS (b) This chapter does not apply to a contract between a person and a disaster remediation contractor DISASTER REMEDIATION CONTRACT REQUIREMENTS; CERTAIN CONDUCT PROHIBITED. (a) A contract subject to this chapter must be in writing. A person may not waive this chapter by contract or other means.

CHAPTER 2252 - CONTRACTS WITH GOVERNMENTAL ENTITY

STATE AND LOCAL CONTRACTS AND FUND MANAGEMENT CONTRACTS WITH GOVERNMENTAL ENTITY (1) "Governmental contract" means a contract awarded by a governmental entity for general construction CONTRACT INVOLVING FEDERAL FUNDS. (6) "Public contract" means a purchasing contract or public works contract awarded by a governmental

CHAPTER 130 - INDEMNIFICATION IN CERTAIN CONSTRUCTION CONTRACTS

INDEMNIFICATION IN CERTAIN CONSTRUCTION CONTRACTS In this chapter "construction contract" means a contract or agreement made and entered into by an owner and the plans, designs, or specifications that are a part of the construction contract; and INSURANCE CONTRACT; WORKERS' COMPENSATION. This chapter does not apply to: (1) an insurance contract; or

CHAPTER 444 - AGENCY CONTRACTS WITH CERTAIN INSURERS

AGENCY CONTRACTS WITH CERTAIN INSURERS REQUIRED CONTRACT PROVISION. An agency contract entered into on or after August 27, 1973, by an insurer writing fire and casualty Notwithstanding any other provision of this contract, the obligation of the agent to remit written premiums

Federal Statutes

§ 3475. Contracts

4711) of subtitle I of title 41, the Secretary is authorized to make, enter into, and perform such contracts Notwithstanding any other provision of this chapter, no authority to enter into contracts or to make

§ 2507. Contracts

The Secretary of Energy shall provide funds, by contract, to initiate, continue, supplement, and maintain The Secretary of Energy may enter into such contracts with any Federal agency, laboratory, university Each contract under this section shall be entered into in accordance with such rules as the Secretary The Secretary of Energy may enter into contracts under this section without regard to section 6101 of In addition to contracting for the purchase or lease of vehicles when conducting the demonstrations

§ 3835. Contracts

the land for the contract period. this subpart to terminate the contract at any time if the contract has been in effect for at least 5 under this subpart to terminate the contract at any time if the contract has been in effect for at least a contract from a contract holder to a beginning farmer or rancher, a veteran farmer or rancher (as a contract from a contract holder to a beginning farmer or rancher, a veteran farmer or rancher (as

§ 2202. Contracts

any specific action of the Commission in a particular matter from the provisions of law relating to contracts

§ 10709. Contracts

provided under such contract other than those duties specified by the terms of the contract. A contract that is authorized by this section, and transportation under such contract, shall not be (1) A contract that is authorized by this section, and transportation under such contract, shall not of the contract are available to the general public. of the contract are available to the general public.

§ 3905. Cost contracts

The cost-plus-a-percentage-of-cost system of contracting shall not be used. 10 percent of the estimated cost of the contract, not including the fee, as determined by the agency head at the time of entering into the contract. agency head at the time of entering into the contract. not exceed 15 percent of the estimated cost of the contract, not including the fee.

§ 1087f. Contracts

The Secretary shall, to the extent practicable, award contracts for origination, servicing, and collection In awarding such contracts, the Secretary shall ensure that such services and supplies are provided at In awarding such contracts, the Secretary shall ensure that such services and supplies are provided at In the case of awarding contracts for the origination, servicing, and collection of loans under this The Secretary may enter into contracts for—

§ 1091. Personal services contracts

The authority provided in this subsection is in addition to any other contract authorities of the Secretary The Secretary shall establish by regulation procedures for entering into personal services contracts The Secretary shall establish by regulation procedures for entering into personal services contracts and the proposed contract price. an authorized personal services contract under subsection (a).