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Can a Bank legally backdate a Cover Letter and Confirmed Loan Terms agreement to the day before a contract was signed?
Tierrasurv
You would need to speak with your attorney about that. There is the issue of whether it was legal, and also whether you can prove it.
Wiki User
∙ 15y ago
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what are Difference between a contract and an agreement?
a contract is LEGALLY BINDING, an agreement is not necessarily legally binding depending on the circumstances
What do you meant by contract?
A contract is a legally binding agreement.
What is another name for the contract of agreement?
A Legally Binding Agreement.
When there is an agreement in principle is it legally binding?
Generally speaking, an agreement in principle precedes a contract. The contract is enforceable but the agreement is not.
What is an unwritten agreement that are legally enforceablecalled?
An unwritten, legally enforceable agreement is usually called a verbal contract.
A is a legallybinding agreement between two or more partie?
A contract is a legally binding agreement between two or more parties.
Is a legally-binding agreement between two or more parties.?
A contract is a legally binding agreement between two or more parties.
Can a car dealership refuse to pay off trade when it is in the contract?
A contract is a legally binding agreement between the parties who have signed it, unless written into the contract otherwise, all parties are bound by the terms of the agreement/contract they signed.
Which test would you apply to ascertain whether an agreement is contract?
A valid contract is legally enforceable and defined by law. A test that you would apply to ascertain whether an agreement is a contract would be looking at the benefits and duties between the parties of the agreement.
Difference between contracts and agreements?
A contract is more than an agreement. It has to meet certain criteria before it can be considered a contract. A contract would have to have offer, acceptance, consideration and intention to create legal relations. An agreement can be between family members, friends. This would not be legally binding as there would most probably not be any intention for legal relations.
What is the important difference between a mere agreement and a contract?
A contract is an agreement between parties that is legally enforceable. A simple "agreement" is an arrangement between the parties which may or may not contain the necessary elements to be enforceable before a court of law. In Simple Words: A Contract is enforceable by law while an Agreement is not enforceable by law. A valid contract must contain the ten valid elements which are: · Offer and Acceptance · Intention to Create Legal Relations · Lawful Consideration . Capacity of Parties · Free Consent . Lawful Object · Writing and Registration · Certainty · Possibility of Performance . Not Expressly Declared Void
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.
