lyanya04
lyanya04 lyanya04
  • 20-05-2022
  • Business
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What is the difference between a simple contract and specialty contract?

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halae442
halae442 halae442
  • 20-05-2022

The rule of specialty contract is that no consideration is necessary to give it validity, even in a court of equity. Simple contract is one, the evidence of which is  oral, or in writing, not under seal, or of record.

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