Why contract law is so important?

A contract law is a binding legal agreement that is enforceable in a court of law. That is to say, a contract is an exchange of promises for the breach of which the law will provide a remedy. I have a passion for these types of cases.

Many firms work on the basis of contract law. Such firms are called contract firms. Firms like construction firms work on contract basis.Law firms dealing with cases related to contract laws (employment, salary etc) are called contract law firms.

If an employee works in a company for more than one month, he is entitled to a written employment contract which will cover all the important terms and conditions. An employment contract is an agreement to the terms and conditions of employment - agreed by both the employer and employee.

In principle, there is always a contract between an employee and an employer as the agreement of an employee to work and the employer's agreement to pay for work is a contract by nature. The employer may have previously outlined the conditions of employment (pay, hours, etc).

Even if the employee does not serve two months of employment, according to the employment contract law, he is still entitled to a copy of the contract if the job was originally meant to last longer than one month.

The most important right that contract law ensures to the employees is that they have a right to be paid for the work they do. Most companies agree in this, however at times there is a disagreement about the amount owed the employee.

Every firm has different contract terms and conditions. For example a construction firm has a separate construction contract for its employees. The firms' employer has a right to give reasonable instructions to them and for them to work at their job. These rights and obligations are called contractual terms. The government contract law provides the employees the right to national minimum wage and right to paid holidays.