Formation of contract
Formation of contract

The contract is between two or more persons to create, modify or terminate the civil legal relations, when one or more persons to commit to another person or persons to perform certain actions (or refrain from certain actions), and the latter acquires a right to claim. Parties are free to enter into contracts and discretion to determine the mutual rights and duties of the way that does not contradict the law. Another person can’t be compelled to conclude a contract, unless the obligation to contract established by law or voluntary commitment contract. Parties may not agree to change, reduce or eliminate the imperative rules of validity and application. The contract is concluded by a proposal (offer) and accepting the offer (acceptance) or other agreement between the parties showing a sufficient action. Where the parties agree on all the essential terms of the contract, the contract is valid. Lawfully formed and valid agreements between the parties has the force of law.

We can form such types of contracts:

  1. Employment contract;
  2. Donative contract;
  3. Insurance contract;
  4. Purchase – sale contract;
  5. Exchange contract;
  6. Rent’s contract;
  7. Lease;
  8. Service contract;
  9. Contract of agency;
  10. Franchise agreement;
  11. Factoring contract;
  12. Loan agreement;
  13. Contract of carriage;
  14. Custodian agreement;
  15. Joint Venture (partnership) agreements;
  16. Share Sale and Purchase Agreement;
  17. Preliminary contract;
  18. Marriage contract;
  19. Other contracts.