Some Types Of Commercial Contracts Are: DEFINITE QUANTITY CONTRACT - A contract which provides for delivery of a definite quantity of specific supplies or services for a fixed period, with deliveries to be scheduled at designated locations upon order.
Major exceptions include contracts involving the ownership of real estate and commercial contracts for goods worth $500 or more, which must be in writing to be enforceable.
The habit of dealing has always an important bearing upon the construction of commercial contracts.
However, a court will attempt to give effect to commercial contracts where possible, by construing a reasonable construction of the contract (see Hillas v. Arcos Ltd (1932) 147 LT 503).
See also: Delivery, Livery, Contract, Service, Contra
 
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