Contract Law I – Task 4

When two or more parties enter into or conclude a contract (szerződést köt), they have the serious intention of creating a legal obligation. However, signing (aláír) or executing a contract (szerződést olyan módon aláír, hogy azzal jogi kötőerőt biztosít a dokumentumnak) are a bit different, they refer to a certain formality of creating legal agreements. An agreement may be deemed invalid and unenforceable if it is not executed correctly. 

The next few tasks are about the different  ways used to refer to what a law or a contract says about the relationship of the parties.