Downer
Categories: Contracts
Definition (1910 Edition)
39 Ga. 425. These are not properly speaking contracts at all, though they may be “enforced by action like contracts. Specialties, or special contracts, are contracts under seal, such as deeds and bonds. Ludwig v. Bungart, 26 Misc. Rep. 247, 56 N. Y. Supp. 51. All others are included in the description “simple” contracts; that is, a simple contract is one that is not a contract of record and not under seal; it may be either written or oral, in either case it is called a “parol” contract, the distinguishing feature being the lack of a neal.
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain.
UK commentary and modern updates are original additions. This entry is for educational
reference only and does not constitute legal advice.