Tyrone is a ghost town located in Grant County, New Mexico, United States, in the southwestern part of the state. Tyrone was an elaborately planned community financed by the Phelps Dodge Corporation, based on Mediterranean and European styles, designed by well-known architect Bertram Goodhue and built in 1915 at a cost of more than a million dollars. A drop in copper prices in 1921 closed the mines and the town was deserted. The townsite was later destroyed as part of Phelps Dodge's development of the Tyrone open-pit copper mine, which began operation in 1969.

What is contract law?

A contract is a promise, or set of promises, for breach of which the law gives a remedy, or the performance of which the law in some way recognizes as a duty. Contracts law involves assisting individuals and businesses in the negotiation and execution of all types of legally enforceable agreements -- including contracts for the sale of property, employment agreements, and promissory notes -- and also to represent clients in legal disputes and litigation to enforce contracts.

Answers to contract law issues in New Mexico

A contract is an agreement between two persons to either do something or not to do something in exchange for some...

There are several defenses that can conceivably be asserted to a claim to enforce a contract. For instance, if one...

In reviewing a written contract, there are several things that the parties need to be on the lookout for:

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A contract is an agreement between at least two people or companies, in which they each promise to do something for...

Sometimes, after you have entered into a contract, you may need to modify it. Either time has passed and...