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When must a contract be in writing to be legally enforceable?
A contract must be in writing to be legally enforceable when it involves the sale of real estate, a promise to pay someone else's debt, or an agreement that cannot be completed within one year.
What is the main difference between a contract and a promise?
in a contract you are legally bound by it and a promise is something u just make someone. so if u break your contract you could go to jail but if u break a promise you might lose a friend or who ever you made that promise with.
Can someone under the age of 18 sign a binding contract in North Carolina?
If they were an 'emancipated minor' yes. Otherwise, a contract signed by someone under the age of 18 (without a co-signer on the contract) would not be legally enforceable.
Can you sue someone for breach of promise?
Yes, you can sue someone for breach of promise if they fail to fulfill a promise or agreement they made to you. This type of lawsuit is typically based on contract law principles.
If someone makes a promise to give someone some money is it enforceable?
Unless you have an "Uncle Louie" in Chicago to come and break his legs- or, get it in writing, you don't have a "legal leg" to stand on! Pun intended. A promise is only worth the paper it is written on.
What is prohibited on a contract?
Forcing someone to do illegal activities is prohibited in contracts. Contracts must conform to legal requirements, otherwise they are 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.
I loaned someone money almost 2 years ago. They have not paid any back. What are my options if any There was only a verbal contract.?
You have no legal recourse if there was not a written contract. Verbal contract are not enforceable unless it was said in front of a camera and witnessed by others.
Why is there no general legal duty to honor a promise?
If it is not written down an paper and signed it cannot be legally enforced by the court. If someone gives you their promise and then breaks it, while it may not be legally enforceable, it just means that you have been taught a valuable lesson about that person.
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.
What word suggests promise?
contract, agreement, undertaking, commitmant, pledge, promise, engage, warrant. If they dont help, use a thesaurus!!!Some other words for covenant are: Contract, agree, stipulate, undertake, engage, bargain, pact, agreement contract (or 'contract of agreement')
What is the obligation of contract?
The meaning of obligation of contract is the legal duty of the parties to the contract to live up to the promise they make in contract. Thus mainly emphasis a moral duty on the contractors.
