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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.
What else can I help you with?
What are the incompetent party in a contract?
how contract with an incompetant person con be enforceable by law
Is a lost contract enforceable?
Any legal questions are best advised by a lawyer. A lost contract may be enforceable if the other person is honest about the contract existing. Another way to support the lost contract to be enforced is to have any other recorded information, such as emails, that hold conversation of the agreement.
What is sn illusory promise?
An illusory promise is a statement that appears to be a promise but lacks a commitment to do or not do something. It is not legally enforceable because it does not bind the person making it to any specific action. In contract law, illusory promises typically do not create valid contracts.
If a person agrees to buy a house from another person and they shake hands can the court make them pay if there was a witness?
No. Under the laws of the US, unless the contract or agreement was on paper and signed, it is not enforceable.
Contract the next day after being made during intoxication?
the contract should be voided as soon as the intoxicated person is sober, otherwise it will be enforceable.
What is a betrothal?
A betrothment is an act of betrothing, or the state of a person being betrothed to another.
Legal detriment in the context of consideration mean?
Legal detriment means that the person who was promised something has acted based on the promise and has suffered some foreseeable harm. In such a case, the contract is enforceable even if there was no consideration.
Define who a promisee is in contract law?
The promisee is the person receiving the promise from the promisor.The promisee is the person who has been promised something, as opposed to the promisor who makes the promise to someone.
Where a promise can only be accepted by the performance of the person to whom it is offered is an example of?
unilateral contract
Should intoxication be a reason to void a contract?
If that person still understands the legal consequences of the contract, it is legally enforceable. If that person is intoxicated to the point that he or she lacks mental competency, the contract is voidable at by the intoxicated person, even if the intoxication was voluntarily.
What are three characteristics of a simple contract?
A contract is simply another word for an agreement. The characteristic of a contract is that some course of action has been agreed to.Two or more parties agree that each party will do something, or, a person might make a contract with themselves, or between themselves and God, or a saint; for example, you might promise yourself that if you get something you really hope for you'll do something special in return.This kind of contract is probably not honored very often.Mozart made a promise - what he called a 'moral committment' - to write a mass if his fiancee recovered from an illness. She did recover, and they married, and though he began to write the promised mass, his Mass in C Minor, he never finished it.Whether a contract, or agreement, reached is between two or more people, companies, or countries, or between one person and themself, that agreement is still a contract.Whether a contract is in writing or verbal, or simply a handshake or a mental promise, it is a contract - an agreement.Whether that contract is enforceable is another matter and more details are needed if comment and information is required on the legitimacy and enforceability of contracts.
Definition of primary promise?
promise to pay another's debt that is not conditioned upon the other person's failure to pay promise to pay another's debt that is not conditioned upon the other person's failure to pay
