h.t.; Mr. Plowd. 17; 1 Com. Suite 2; 5 R East. 16. It will be appropriate to consider the terms of an agreement; 2, the types of agreements; 3, as they are cancelled. 2.-1. For a complete agreement to be complete, six things must match; 1.
a person who is able to enter into a contract; 2, a person with whom a contract can be entered into; 3, something you have to be under contract for; 4, a legal consideration or consideration; 5, words to express the agreement; 6, the agreement of the contracting parties. Mr. Plowd. 161; S. Litt. 35, born 3-2. As far as their form is concerned, the agreements are twofold; 1, by Parol, or, in writing, as being different from specialties; 2, by specialty or under closure. In terms of their performance, the chords are executed or executed. An agreement must be reached when two or more persons renounce each other`s rights over a thing and thus change the ownership of it, either at once or at a later date, in the event of an event that should give it any effect without one party trusting the other; like when things are bought, paid for and delivered.
Execution contracts are, on the usual acceptance of duration, contracts that are based on Parol`s articles, intentions, promises or commitments, etc., which will be executed in the future or that will be concluded to prepare for a more solemn and formal alienation of the property.