The chapter introduces the founding principles of formation of contracts. As contracts are voluntarily made, the contracting parties are free to employ any modality of communication. An oral contract is as binding as a written contract. Businesses for a century have zealously moved to written signed contracts as these bring clarity and certainty. GCCs have a signing clause insisting that there would be a signed contract document confining the parties to its boundaries. The chapter explores these themes.

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Written and Signed Contracts

  • Akhileshwar Pathak

摘要

The chapter introduces the founding principles of formation of contracts. As contracts are voluntarily made, the contracting parties are free to employ any modality of communication. An oral contract is as binding as a written contract. Businesses for a century have zealously moved to written signed contracts as these bring clarity and certainty. GCCs have a signing clause insisting that there would be a signed contract document confining the parties to its boundaries. The chapter explores these themes.