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Some oral contracts can be enforced. Those dealing with real property or longer than a year need to be in writing.
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∙ 9y ago
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Is An oral contract that is covered by the statute of frauds unenforceable?
Oral contracts are enforceable by law. But there are specific requirements for contracts to be in writing for certain agreements. The sale of real property or a contract that is more than a year in length are examples.
A formal agreement enforceable by law?
i think it's a contract
What is a set of voluntary promises enforceable by law?
contract
What are the incompetent party in a contract?
how contract with an incompetant person con be enforceable by law
Is contract on plain paper enforceable under law?
In most places a written contract is enforceable. There are places where you have to contract on stamped paper for certain types of agreements.
If a contract is not enforceable is it valid in Va?
The contract is always inforceable by law. And all the parties are legally perfoming there contracts.
Does law assume that mutual promises are intended to be enforceable?
Yes, if they are in writing and within the Statute of Frauds. Oral agreements are sometimes enforceable if there is Detrimental Reliance.
What type of law covers written and oral agreements?
Contract law.
When entering in international contract can agreeing parties choose Islamic law as choice of applicable law even though they are not from Islamic country or in any way connected to Islam?
A:To be a contract in the legal sense, the contract must be enforceable, otherwise it is just a gentleman's agreement. To be enforceable, there must be a jurisdiction that has the power to enforce the contract. If neither party is from an Islamic country and neither party is a Muslim, that could be difficult. It may be possible to create the contract under the law of, say, Saudi Arabia provided that conditions are met which make the contract enforceable in Saudi Arabia.
What is contrat?
A contract is a spoken or written settlement that concerns employment, tenancy or sales. It is usually enforceable by law.
What do you mean by contract to sell?
The contract to sell refers a binding legal agreement between the buyer and sell about the sale of something. The contract to sell is usually enforceable by law.
What is the Difference between valid and void contract?
A valid contract is legally enforceable and meets all the essential elements required by law, such as mutual assent, consideration, capacity, legality, and proper form. On the other hand, a void contract is not legally binding from the beginning due to a fundamental flaw, such as illegality, lack of capacity, impossibility, or violation of public policy. A void contract is treated as if it never existed, while a valid contract creates legal obligations between the parties.
