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A major legal requirement for a contract to be valid is that all parties mutually agree to all terms and conditions. Obligations of a "contract" that is imposed on a party involuntarily is not a contract at all. This is why many believe involuntary taxation can never be legal or ethical since, by this understanding, it amounts to theft.

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Q: All contract are agreements elucidate
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Related questions

All contract are agreement but not all agreement are contract?

all contracts are agreement but all agreements are not contract


All contracts are agreements but all agreements are not contract discus?

Contracts are agreements that are legally enforceable. An agreement does not have to be legally enforceable in order to be an agreement. The element of enforceability by law is what distinguishes the two.


How do you use the word nullify as a verb?

"This contract will nullify and render void all previous agreements."


All contracts are agreement nall agreements are not contract?

some agreements are not enforceable by law, so they are not contracts. so does that mean a collaborator agreement is voided out because there is no ending date on it?


What is agreements?

When a person signs a contract to rent a property


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It all depends on what was specified in the sales contract.


Every contract involves an agreement but every agreement does not necessarily result in a contract Explain?

Yes all contracts are agreements but all agreements are not contracts. Only those agreements are contracts which can be executable by law and those agreements which cannot/impossible to execute by law is not a contract. For e.g A agreed to pay B if C default payment is a valid contract. where as A agreed to pay B if B do a favour which is illegal is not a contract.


Free contract is the?

Free contract is the concept, where people have a freedom to decide what agreements they want to engage into.


What type of law covers written and oral agreements?

Contract law.


Can you sue anyone for breach of verbal contract in Louisiana?

It will be dependent on the type of contract. Some verbal agreements can be enforced.


Does all agreements are contracts?

No, all social agreements or moral agreements are not considered in contracts.


What is the role of collective bargaining in unions?

Negotiating the contract agreements on behalf of the employees.