yes
what type of contract do both parties have the option to avoid their contractual obligations what type of contract do both parties have the option to avoid their contractual obligations
Enforceble contract is a contract which is done with the acceptance with both parties
Idea that both parties of a contract must be bound for contract to be enforceable
False
capacity of parties
Contract between parties
Legal relationship between contracting-parties evidenced by (1) an offer, (2) acceptance of the offer, and a (3) valid (legal and valuable) consideration. Existence of a contractual relationship, however, does not necessarily mean the contract is enforceable, that it is not void (see void contract), or not voidable (see voidable contract). Read more: http://www.businessdictionary.com/definition/contractual-relationship.html#ixzz166WySF1X
if one of the parties does not have the capacity to contract there will be no contract formed
The contract is always inforceable by law. And all the parties are legally perfoming there contracts.
Contract must be properly signed and witnessed as to make it enforceable to all parties
A term enforceable under a contract that both parties have explicitly agreed to
A void contract is one that is no longer enforceable for some reason, such as it has expired or the parties have cancelled it. A voidable contract is one where one or both of the parties could walk away from the contract without further obligation, but has not done so.