The contract arises from a contractual obligation.  Every contract consist of various types of terms.  Terms of the contract are simply the terms of the contract.  Express terms of a contract are the terms which are mentioned and agreed upon by both parties in a contract. The express terms of a contract can either be oral or written. The main terms of the contract are the price paid and the subject of the contract. If an express term is not fulfilled, the concerned party may bring the act of breach of contract. Breach of a contract leads to litigation.  Purchase and sale of a contract are good examples of an express term of a contract. Conditions in a contract are determined by the parties obligations.

Order Now