answersLogoWhite

0


Best Answer

A valid contract is an agreement enforceable by law. A Valid Contract is defined under Sec 2(h) of the Indian Contract Act, of 1872. To know the essential features of forming a valid contract, please refer to Desire 4 Legal Knowledge

User Avatar

Maharishi Shakti Hos...

Lvl 2
10mo ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

11y ago

Traditionally, a contract is formed when an offer is made and accepted. There must also be valid consideration, something given. If you sign a contract to borrow money, the lender gives the loan of money; the borrower in return gives his promise to pay. Contracts can also be implied by conduct, but this is much trickier to prove and enforce.

This answer is:
User Avatar

User Avatar

Wiki User

14y ago

A valid contract is a law binding agreement which will be signed by both parties. This contract will be valid.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is valid contarct?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Contract law is based on 3 principles of privity of contract and sanctity of contract and freedom of contract?

looking at the case law and other authorities do you think that contract law today is based on yhe three principles of privity of contarct,sanctity of contarct andfreedom of contract


What is contarct?

Traditionally, a contract is formed when an offer is made and accepted. There must also be valid consideration, something given. If you sign a contract to borrow money, the lender gives the loan of money; the borrower in return gives his promise to pay. Contracts can also be implied by conduct, but this is much trickier to prove and enforce.


An increase in the aggregate price level will increase?

a clause in a contarct that automatically increases wages to account for increases in the price level


How much does the Samsung comeback cost?

i think 79.99 with the two year contarct 249 wihtout the two year contrarct


Show an example of a business contract?

I am not a business owner but I am trying to get an investment loan from a business what kind of contarct should i have to present to them


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 makes a Texas property sale valid?

Transfer by a valid deed.Transfer by a valid deed.Transfer by a valid deed.Transfer by a valid deed.


Can Anyone Suggest Me Custom Made Wedding Chocolate Gift Providers In Dubai?

There are a number of service suppliers in Dubai. It would be advisable to seek a local company where you can visit and examine examples of their work prior to offering a contarct


Is an irrevocable will valid?

Yes it is valid.


How do you spell valid?

You are right with valid


You m shia and you want to marry with sunni girl.Nikaa valid or not valid?

You m shia and you want to marry with sunni girlNikaa valid or not valid?


What is a sentence using the word valid?

This is a valid answer.