If you want to know whether a contract is lawful and legal then you need to have it reviewed by your attorney.
One possibility is the word legal.
Statutes.
An agreement is recognized by the law of contract when it meets certain essential elements: offer, acceptance, consideration, legal capacity, and lawful purpose. For example, if Person A offers to sell their car to Person B for $5,000 and Person B accepts the offer, this constitutes a legally binding contract, provided both parties have the capacity to contract and the agreement is for a lawful purpose. If either party later fails to uphold their end of the agreement, the other party may seek legal remedies.
Legal, Lawful
A contract that amounts to nothing and has no legal effect is often referred to as a "void" contract. This occurs when the agreement lacks essential elements such as consent, capacity, legality, or a lawful object. For example, a contract for an illegal activity is void and cannot be enforced by either party. Additionally, if one party was misled or coerced into agreeing, the contract may also be considered voidable.
legal
The difference between legal and lawful is that legal refers to something that is permitted or recognized by the law, while lawful refers to something that is in accordance with the law or morally right. In other words, legal is more about following the specific rules and regulations set by the law, while lawful is about adhering to the principles of justice and morality.
Three key elements of an insurance contract are offer and acceptance, consideration, and a lawful purpose. The offer and acceptance refer to the agreement between the insurer and the insured on the terms of coverage. Consideration involves the exchange of value, typically the premium paid by the insured in return for coverage. A lawful purpose ensures that the contract is for a legitimate and legal objective, such as protecting against financial loss.
A contract becomes binding in Canada when it meets essential elements: offer, acceptance, consideration, and the intention to create legal relations. Both parties must agree to the terms, and there must be something of value exchanged. Additionally, the parties must have the legal capacity to contract, and the agreement must have a lawful purpose. Once these conditions are satisfied, the contract is enforceable by law.
A legal eagle
Lawful, legal, rightful....
legal eagle