Examlex
A conversion can be committed by transferring chattel to someone not entitled to such chattel.
Valid Contract
An agreement between parties that meets all legal requirements and is enforceable by law.
Implied Contracts
Agreements that are not written or spoken but are understood by the actions or behaviors of the parties involved.
Express Contracts
Contracts in which the terms and conditions are explicitly stated, either orally or in writing, between the parties involved.
Executory
In legal contexts, referring to contracts or obligations that are yet to be fully performed or completed by one or more parties.
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