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it is and excuse that may work to get out of it ..
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∙ 13y ago
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Contract the next day after being made during intoxication?
the contract should be voided as soon as the intoxicated person is sober, otherwise it will be enforceable.
A contract is a single promise made by one person to another enforceable?
A contract needs to show the exchange between parties. One person will do work in exchange for money, for example. If the contract merely said that one person will do work, but it makes no mention of what the other person must provide, the contract is probably not valid and not enforceable.
Explain consideration and acceptance are the binding element of contract?
An offer is valid only if it is made with an intention of getting the assent of another. when there is no acceptance the contract does not come into existence. For a valid contract there must be consideration which need not be adequate.
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
What difference between indemnity and contract and contract of guarantee?
A contract of guaranty is a collateral undertaking, and presupposes an original contract; while a contract of indemnity is original and independent. In a contract of indemnity, the undertaking is to make good and save harmless the person, with whom the contract is made, upon an obligation of such person to a third person; while, in a contract of guaranty, the obligation is to answer for the debt, default, or miscarriage of another to the person with whom the contract is made.
Is an email a valid form of acceptance for a contract?
The person who made the offer can stipulate the means in which they will accept an acceptance. Email, especially in the 21st century is fine, assuming that the offeror is cool with it. See a lawyer.
If in a contract one party does not sign the papers and conceals the fact is the contract still valid?
If a party did not sign the contract, he cannot be made to perform, regardless of any facts not disclosed deliberately or unintentionally.
Binding contract buyer sign and co-buyer don't sign is the contract void?
If the contract was supposedly made for a co-signer and lead signer then no, it would be non-valid if not signed by both parties.
Is a verbal agreement valid if it was made with a third party?
Probably not. There are very few circumstances where a third party can bind someone to a contract.
Is a contract valid if one of its terms breaks the law Why or why not?
If a contract includes terms that are illegal, that particular term would be considered void and unenforceable. However, the rest of the contract may still be valid if the illegal term can be separated without affecting the overall agreement. It is important to ensure that contracts comply with the law to maintain their validity.
Can a unenforceable contract be a valid contract?
An unenforceable contract is one that has all the elements of a valid contract, but has some sort of defect that prevents it from being legally enforced. For instance, according to the statute of frauds in English common law, a contract for the sale of a piece of land must be in writing; if it isn't, the contract is not legally enforceable.
What are the vitiating elements of valid a contract?
The vitiating factors or elements are misrepresentation, duress, undue influence and certain forms of mistake. Usage: The person claimed that they were operating under a mistake of law and this vitiating factor allowed the person to rescind the contract.
