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- Various kinds of agreements include12:
- Express contracts: Provide specific terms for the contract.
- Conditional contracts: Fulfillment of the contract depends on the meeting of specific conditions.
- Joint contracts: Multiple parties are involved in the contract.
- Implied contracts: Often verbal, these contracts are situational rather than explicit.
- Executory contracts: Drawn up by two or more parties with terms set for fulfillment at a later date.
Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A few common types of contracts include: Express contracts: Provide specific terms for the contract. Conditional contracts: Fulfillment of the contract depends on the meeting of specific conditions. Joint contracts: Multiple parties are involved in the contract. Implied contracts: Often verbal, these contracts are situational rather than explicit.www.contractscounsel.com/b/contract-lawTypes of Contract Agreements
- Express Contract—A contract where the terms of all the parties involved have been explicitly specified. ...
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