Welcome to Arkansas Contract Lawyers.com

	Did You Know?
	Statutory Law Requires Some Contracts To Be In Writting Statutory law may require some contracts be put in writing and executed with particular formalities. Otherwise, the parties may enter into a binding agreement without signing a formal written document; which can possibly lead to complications down the road.

Contracts form the basis for all business agreements. Any time you or your company agree to take some action or make a payment in exchange for anything of value, a legal contract has been created. By definition a contract is an agreement in legal form between two or more parties to do or not do some legal act. Contracts can be either an express contract or an implied contract. An express contract is one in which the terms are expressed verbally, either orally or in writing. An implied contract is one in which some of the terms are not expressed in words.

When a contract has been violated for any reason it is known as breach of contract. Since both parties are legally bound by the contract, the party that breaches the contract can be sued for money damages. If you have entered into a contract that has been breached, Arkansas Contract Lawyers can help you recover damages.

Since a contract can have serious legal ramifications, it should not be entered into lightly. A competent Arkansas Contract Lawyer has the expertise to help you avoid the pitfalls of contract law.

Some common contract terms include:

• Acceptance
• Breach of Contract
• Conditions
• Liability
• Offer
• Underwriter
• Warranty

Contact our Arkansas Contract Lawyer Now!

Arkansas Audio & Video         Halliburton Workers Testify about Contracts AUDIO, RM, 48 Kbps, 3:24, 7/22/2004 Employees and executives of Halliburton and its subsidiary KBR discuss the company's Iraq contracts on Capitol Hill. Former employees, described by some as "whistleblowers," testify about what they say was bad performance and over-charging by the com Source: NPR

Arkansas External Sites         DFA | Office of State Procurement | Contracts Arkansas Department of Finance & Administration ... 06.30.07, DMS-2005-01B, Employee Training, Web Based: Contract Award, Karen Hicks, eMail &mid DFA | Office of State Procurement | Professional Consul Arkansas Department of Finance & Administration. Office of State Procurement ... Set of instructions used to properly complete the PCS Contract.