Contingent Contract With Case Law In Dallas
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There can be a contingent contract wherein a party promises to do or not do something if a future uncertain event happens within a fixed time. Such a contract is void if the event does not happen and the time lapses.
Example of a Contingency Contract One straightforward example might be a child who agrees with their parent that if they get an A in a particular class, they will get a new bicycle. Of course, the contract may be verbal, and it may be between family members.
Contingent Charges means expenditure which is incidental to the working of an office and includes all miscellaneous charges, other t h a n t hos e for e s t ablis hm e nt a n d t ravellin g allow ance which an officer is required to incur in connection with his duties; Sample 1.
In Texas, it would not violate any law to adopt a policy such as the following: "XYZ Company prohibits any activity or exchange of goods, property, or services that significantly promotes, supports, or enables any business activity of a competitor, unless such activity or exchange has been discussed and approved in ...
Absolutely. Texas businesses can and should continue to protect their interests through legally compliant nonsolicitation and nondisclosure agreements. The key is ensuring that these agreements are drafted to meet legal standards for reasonableness and necessity.
Unless the agreement is required to be in writing under Texas' Statute of Frauds, a verbal agreement is enforceable under Texas law.
