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The object of agreement must be lawful.i.e the object should not be 1)illegal 2)immoral or 3)opposed to public policy

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What is lawful consideration and object?

An object of a contract that is permitted by law and possible of performance


How will you know if the contract is lawful or legal?

If you want to know whether a contract is lawful and legal then you need to have it reviewed by your attorney.


What are the chief characteristics of a contract explain them?

contract is 1. an agreement having 2. force of law. these two are important. but it may also include lawful consideration, free consent of parties, lawful objecctand apties must be competent to contarct . this creats a valid contract. otherwise it may become viod contract or voidable contrac. . . . madeeha_kanwal


What is a quasi-contract?

A quasi contract is a lawful, voluntary and unilateral acts so as to avoid unjustly enrichment for the benefit of the one at the expense of another.


How do you get out of contract?

Getting out of contract can be made by executing or exhausting the object of the contract or using applicable contract provisions that can get you out of contract.


What is meaning of law full object?

As opposed to having in your possession an illegal object, you have something considered a lawful or legal object, which will not cause you to be charged with a crime for possessing.


What does popular consent mean?

deal with who can consent/object to a lawful search of a vehicle


What constitute a valid contract?

An enforceable contract requires the existence of the following elements: an offer, an acceptance that mirrors the terms of the offer, consideration, and lawful subject matter. The "consideration" can consist of money, property, a promise--just about anything of value that is not unlawful. Generally, a court will not inquire into the adequacy of the consideration. "Consideration" might be thought of as the "this for that" or the "quid pro quo". Even of the other elements are present, a contract cannot be enforced if the object of it is unlawful. That is, one cannot, for example, enforce a contract to rob a bank.


What are the key components of a contract between husband and wife?

The key components of a contract between husband and wife typically include mutual consent, consideration (such as promises or obligations), legal capacity to enter into the contract, and a lawful purpose. Additionally, the contract may outline rights and responsibilities, financial agreements, and provisions for dispute resolution.


Explain briefly the essential elements of a valid contract?

All agreements are contracts if they are madewith free consentof parties competent to contractfor a lawful object and lawful consideration; andare not expressly declared to be void


What is law in the state Maryland on unpaid school tuition to collection?

Any lawful debt memorialized by a contract is collectable via lien regardless of whom it is owed to.


Can a dealer back out of a contract before the car is delivered?

As a general rule - no. A 'contract' is a legally binding instrument. Both parties to the contract agree to abide by the provisions of the agreement which they have signed. There may be circumstances which 'breach' the provisions of the contract and make it invalid (i.e.-financing is unavailable - the contract wasn't signed by by a 'lawful signatory' of the dealer - etc.) More specifics would have to be known for a more specific answer.