0
Does a valid contract have to be witnessed by a legal representative?
Wiki User
∙ 11y ago
No. You can make a verbal contract if you so desire, with only the two parties. But, it's not worth the paper it's printed on. Legal contracts require three things. Offer, acceptance, and consideration. You can get it notarized or anything you want, make people watch if you so wish. But even if you scribble crap on a napkin and if it meets the minimum requirements, it's valid.
Wiki User
∙ 11y ago
Wiki User
∙ 15y agoYes, you do. Possibly Your bookkeeper and the bookkeeper of the person You are signing the contract with.
Add your answer:
Earn +20 pts
Is a contract still valid if witnessed by a family member?
No witness is required for a contract. It only helps validate the agreement.
Is a faxed contract valid?
Yes it is. That's the advantage of fax, it can be use a legal document.
Is assumed name legal in contract?
Yes, an assumed name, also known as a "doing business as" (DBA) name, can be used in a contract if the business is properly registered under that name. However, it is important to ensure that the legal name of the entity is clearly stated in the contract to avoid any confusion or disputes.
Key elements of a valid contract?
Offer and Acceptance Consideration Legal relationship Certainty and not vague Completeness of the contract
Is an email a valid form of acceptance in contract law?
No. Anyone could have sent the e-mail. It is best to have the document signed and notarized or witnessed.
Ingredients of valid contract?
There are 7 ingredients to a valid contract 1. Offer; 2. Acceptance; 3. Consideration 4. Capacity to contract; 5. Intention to Create Legal Relations; 6. Consent 7. Legality
Is a verbal contract a legal contract?
a verbal contracty is as equally valid as a written one, as long as the party alleging the contract can prove agreement on certain terms
What are the five elements which must be present in a contract to make it valid?
Agreement Consideration Legal Object Competent Parties Legal Form
Does a faxed document signature need to be witnessed and is it legal to witness the signature when It is faxed back to you?
No, faxed signatures cannot be notarized or considered as valid and/or "legal" unless they can be witnessed in person. How do you REALLY know the person on the other end of the fax (or e-mail) is REALLY who they say they are?
What is valid contarct?
A valid contract is an agreement enforceable by law. A Valid Contract is defined under Sec 2(h) of the Indian Contract Act, of 1872. To know the essential features of forming a valid contract, please refer to Desire 4 Legal Knowledge
Can a codicil be hand written?
Yes, a codicil can be handwritten as long as it meets the legal requirements for a valid codicil in the relevant jurisdiction, such as being signed, dated, and witnessed according to local laws. It is recommended to consult with a legal professional to ensure the handwritten codicil is legally valid.
Will a contract always be valid and binding when its contains consideration?
Just because a contract contains consideration does not mean it is legal or binding. There are other requirements that must be met.
