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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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17y ago

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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 is a contract that amounts to nothing and has no legal affect?

A contract that amounts to nothing and has no legal effect is often referred to as a "void" contract. This occurs when the agreement lacks essential elements such as consent, capacity, legality, or a lawful object. For example, a contract for an illegal activity is void and cannot be enforced by either party. Additionally, if one party was misled or coerced into agreeing, the contract may also be considered voidable.


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.


What is a valid contract according to the constitution of Ghana?

In Ghana, a valid contract must meet certain criteria as outlined in the Contracts Act, 1960 (Act 25). It requires an offer and acceptance, mutual consent, consideration, legal capacity of the parties, and a lawful object. Additionally, the terms of the contract should not contravene any statutory provisions or public policy. If these elements are satisfied, the contract is considered valid and enforceable.


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.


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 are three elements in insurance contract?

Three key elements of an insurance contract are offer and acceptance, consideration, and a lawful purpose. The offer and acceptance refer to the agreement between the insurer and the insured on the terms of coverage. Consideration involves the exchange of value, typically the premium paid by the insured in return for coverage. A lawful purpose ensures that the contract is for a legitimate and legal objective, such as protecting against financial loss.


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.


How is an agreement recognized by the law of contract give an example?

An agreement is recognized by the law of contract when it meets certain essential elements: offer, acceptance, consideration, legal capacity, and lawful purpose. For example, if Person A offers to sell their car to Person B for $5,000 and Person B accepts the offer, this constitutes a legally binding contract, provided both parties have the capacity to contract and the agreement is for a lawful purpose. If either party later fails to uphold their end of the agreement, the other party may seek legal remedies.