A contract is a legally binding agreement in which property‚ goods or services are provided in exchange for something of value‚ such as money.
Security of land for repayment of money or performance of obligation. It is never a transfer to mortgagee. It becomes void once the amount or the obligation for which it is created is paid.
The pandemic has posed a major challenge for employment.
How can force majeure provisions in commercial contracts and the related common law doctrine of frustration may be engaged in the context of the COVID-19 outbreak.