At Parke Lawyers we specialise in business law and this means that we provide reliable, effective and expert contract advice to all our clients. As experienced business lawyers in Melbourne, our team of legal experts can help you to draw up a contract, handle contract disputes and contract revisions.
What Is a Contract?
A contract can be seen as an agreement that can be enforced in a court and this concept forms a fundamental part of Australian law. In many cases, a mere promise can be binding under the law, especially under the Competition & Consumer Act 2010. In order for any agreement to be binding as a contract, there have to be a few elements present. These include:
- Clarity on who the people are that are bound by the contract;
- An intention that the agreement would be binding in a court of law;
- One party accepts an offer made by another party;
- Each party must receive and give as a result of the agreement; and
- The agreement must be clear in stating what is expected of each party.
The perfect agreement would be one that clearly sets out what each of the parties is entitled to and responsible for, and seeks to reduce the possibility of a dispute. And if a dispute should arise, seeks to minimise the impact of such a dispute. That is why you need reliable contract advice from highly experienced business lawyers. At Parke Lawyers we can assist you in drafting a contract, contract disputes, contract revision and contract creation. Contact us today to schedule a consultation. If you need advice on your current contract agreements or want to have a professional contract drawn up, we can help.