Contracts are agreements that are legally enforceable. An agreement does not have to be legally enforceable in order to be an agreement. The element of enforceability by law is what distinguishes the two.
The contract is always inforceable by law. And all the parties are legally perfoming there contracts.
You must be 18 or emancipated to sign a legally enforceable contract.
No. Verbal commitments as not legally enforceable contracts.
No. Verbal contracts can be enforceable.
Contracts are separate from empty promises because they are formally made and legally enforceable. There are legal consequences for breaking contracts.
Yes: The US Supreme Courts generally hold that mandatory arbitration clauses in employment contracts are enforceable.
A contract is an agreement between two or more parties. Some are not legally enforceable. Such rules and laws will be embodied in the legal code of the country. A contract may not be legally enforceable but may a be moral or ethical matter for the parties involved. Countries have different regulations for contracts. For instance, some countries insist that all parties are of legal age (for that country).
A legally enforceable debt is a debt that meets the requirements to be able to be enforced in a court of law. It is debt that must be repaid.
A legally enforceable debt is a debt that meets the requirements to be able to be enforced in a court of law. It is debt that must be repaid.
Certain contracts must be written to be enforceable to ensure clarity, prevent misunderstandings between parties, and serve as a tangible record of the agreement. Written contracts help establish the terms and conditions agreed upon by all parties involved, which can be referenced in case of disputes or legal action.
some agreements are not enforceable by law, so they are not contracts. so does that mean a collaborator agreement is voided out because there is no ending date on it?