What is a contract?
A contract is made every time you buy something or purchase a service. It doesn’t matter whether you’re buying something from your local supermarket or calling up your plumber to fix the toilet, if they had provided you with something of value, and you had given them something of value (usually money) in exchange, then you have entered into a contract.
If one person breaks their side of the deal, usually the other person can force them to complete their end of the deal or pay for the value of any loss. Most consumer contracts are not written and don’t have to be written to be legal.
There are some situations where you’ll get a contract to sign, e.g. hire purchase contracts, door-to-door contracts, service (e.g. gym or phone) contracts, guarantor contracts, contracts when buying expensive items (e.g. cars, property). Remember to read all contracts you sign very carefully before signing. Take a copy and keep it safe. Call YouthLaw or your local community law centre for any advice before signing.