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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.

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3mo ago

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When asked for is it required to give a copy of a contract to the party who is asking for it?

How can a party conform to the agreement if they don't know what it is? And they can get a court order for it as well. It is easier just to give them a copy of the agreement.


Define social agreement with atleast two example?

A social agreement is an agreement not enforceable by law.. for example A is a friend of B , A agrees to give B a treat on his birthday. A is not legally obligated to give B a treat on his birthday .


When does a verbal agreement to purchase a car become a contract?

If it's from a car lot - they will give you papers to sign. When you sign it becomes a contract. Buying from a regular person - you give them some money and they give you the car keys.


Define social agreement with quote atleast two example?

A social agreement is an agreement not enforceable by law.. for example A is a friend of B , A agrees to give B a treat on his birthday. A is not legally obligated to give B a treat on his birthday .


Which provider offers free cellphones?

AT&T does give out new cellphones but you have to sign a 2 year contract agreement with them.


Can you give an example of when a contract becomes illegally binding?

A contract becomes illegally binding when it involves illegal activities, such as drug trafficking or human trafficking. For instance, if two parties enter into a contract for the sale of stolen property, that agreement is unenforceable in court because it pertains to an illegal act. Additionally, if a contract contains clauses that violate public policy, such as a non-compete agreement that excessively restricts a person's ability to work, it may also be deemed illegally binding.


What deos ratify mean?

Verb: Sign or give formal consent to a (treaty, contract, or agreement), making it officially valid.


What is an agreement among a group of people in a society to give up part of their freedoms in exchange for their natural rights?

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Do law offices give the federal holidays off?

There are 11 federally recognized national holidays and, in addition, some states also declare particular dates to be state holidays. However, whether or not your employer gives them to you is entirely up to them, and/or may be controlled by a union agreement or work contract. There is no law that REQUIRES an employer to give you time off.


If you gave your son a vehicle and put yourself as a lienholder on the title can you legally repossess it?

Do you have a contract or agreement that says he will repay you? Has he breached that agreement and is he in DEFAULT of it by not paying? If so, yes. (General rule for the future: Have your child sign a contract for any money you "give" him, like any lender would do.)


Is subject verb agreemant must agree in numbers give some example?

what is the agreement in tense


Give an example of how a conversation between the person answering the phone at a doctors office and the patient who called could create a contract?

Give an example of how a conversation between the person answering the phone at a doctor's office and the patient who called could create a contract, demonstrating your knowledge of contract law and agency law.

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