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What step must a manager take to ensure a valid and enforceable contract?
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Is contract by a non parent to financially support a child enforceable?
It depends on the validity of the contract. If it meets the requirements of a valid contract then it's enforceable.
What is the difference between a valid trust and enforceable contract?
a valid trust is true and an enforcebale trust can be enforced
If a contract is not enforceable is it valid in Va?
The contract is always inforceable by law. And all the parties are legally perfoming there contracts.
Is a contact without a date legally enforceable?
Yes, it can be enforced. If it is reasonably clear as to the expectations and time frame involved, the court can rule that it is a valid and enforceable contract.
What is the Difference between valid and void contract?
A valid contract is legally enforceable and meets all the essential elements required by law, such as mutual assent, consideration, capacity, legality, and proper form. On the other hand, a void contract is not legally binding from the beginning due to a fundamental flaw, such as illegality, lack of capacity, impossibility, or violation of public policy. A void contract is treated as if it never existed, while a valid contract creates legal obligations between the parties.
Is money lending a valid contract?
It depends on the contract If you are borrowing from a bank or other valid institution I will guaranty the contract will be valid and enforceable. If you are borrowing from your local loan shark, the "contract" may not be valid, but do you want to take the chance?
Should court enforce all contracts?
There are Essential elements for valid contract, contract can be either by writing or orally. Literal and Unilateral contract are both enforceable contract under mistake example at common law are likely to be declare null and void, but equity may apply flexible measures like specific performance, injunction, rectification etc. Contract with a minor is valid and may enforce if its necessary for their necessity. Contract for illegal activities are non enforceable.
A contract is a single promise made by one person to another enforceable?
A contract needs to show the exchange between parties. One person will do work in exchange for money, for example. If the contract merely said that one person will do work, but it makes no mention of what the other person must provide, the contract is probably not valid and not enforceable.
Is a verbal contract with someone now deceased valid?
It will depend on the topic of the contract and what parts have been executed. In many cases it is not going to be enforceable. But if they have delivered goods or services, they can get paid or the goods returned.
What is valid contarct?
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
How do you collect on a purchase agreement that is delinquent?
You must have a valid contract in order for it to be legally enforceable. If the other party breached the contract then you need to file a lawsuit in a civil court of equity in order to recover damages.
Is a contract valid if the buyer informs the seller that they have signed the contract yet the next day the seller tells the buyer that they are no longer accepting the offer?
The contract is not enforceable unless both parties signed it. If the sellers changed their mind and didn't sign then you don't have a contract.
