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Tolling Agreement Law and Legal DefinitionUSLegal, Inc Form

Tolling Agreement Law and Legal DefinitionUSLegal, Inc Form

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now let's say you have money and I have food as it turns out I want money and you want food so that's great for the both of us I say hey do you want food for your money and you reply with a hearty yes and once you accept my offer we have officially entered into an agreement and the law calls this agreement a contract okay so far so good so why do we care let's say after we make this agreement you pay me your money and then I say suddenly I don't like you and I don't want to give you food anymore you're probably like wait you can't do that that's not fair and that's exactly what the law things as well as long as a contract involves some exchange of value and we're both super serious about our promises the law will make the contract happen there's two ways it can do that first of all it could tell me hey you promised to give him food you should do that that's the remedy of specific performance

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