This article will illustrate tools you can use to monitor performance of various advertising methods.
Performance is one of the four required elements of a contract. Once one side of the contract performs, then consideration can be demanded from the performing party. Use the Uniform Commercial Code as the guide to understanding contract law.
Article 1 of the Uniform Commercial Code copyrighted by the American Law Institute is considered the primary source for the definition of a contract. All of the 50 states have incorporated all or most of the definition of this code as statue. A contract is defined as a legal obligation between two or more parties. A contract has to have four elements for it to be binding on the parties.