This research was undertaken to evaluate the performance of public owned construction projects awarded on a lowest bid awarding system, to determine the effect of advance payment on the contractor's performance, compare lowest and average bid systems,and check the quality of local construction materials use by lowest price won contracts.
Less common are unilateral contracts in which one party makes a promise, but the other side does not promise anything. For example, in English insurance law, violation of a "condition precedent" by an insured is a complete defense against the payment of claims.
In specific circumstances these terms are used differently. However, express clauses may be included in a non-severable contract to explicitly require the full performance of an obligation.
Restrictive provisions in contracts where the consumer has little negotiating power "contracts of adhesion" attract consumer protection scrutiny.
He called consideration 'the price for which the promise of the other is bought'. Another example might be people who are mentally incapacitated, either by disability or drunkenness.
Uncertainty, incompleteness and severance[ edit ] See also: Contra proferentem and Good faith law If the terms of the contract are uncertain or incomplete, the parties cannot have reached an agreement in the eyes of the law.
A contract which is implied in law is also called a quasi-contractbecause it is not in fact a contract; rather, it is a means for the courts to remedy situations in which one party would be unjustly enriched were he or she not required to compensate the other.
In the United States, prominent examples include, in the case of products, an implied warranty of merchantability and fitness for a particular purpose, and in the case of homes an implied warranty of habitability.