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Yes, if you sign a legally binding contract, you are generally obligated to fulfill the terms of that contract, which includes any payment required. Failing to comply can lead to legal consequences, such as lawsuits or penalties. It's important to understand the terms before signing to ensure you can meet your obligations. If you have concerns about the contract, consider seeking legal advice before signing.
What else can I help you with?
Can a person seventeen years old still purchase a car if they are legally emancipated?
That is one of the purposes of emancipation. It allows them to sign a legally binding contract.
Dealer did not sign contract?
The car dealership did not sign my contract, is it still binding?
Can someone under the age of 18 sign a binding contract in Colorado?
No, they cannot legally sign. They are not considered to have the capacity to contract as a minor.
Would your contract be legally binding if a section of the clause has been left out by the contractor?
Yes. If you are a legal adult where you live, whatever you sign is legally binding (unless you can prove you were coerced against your will). If you want to add something to a contract, you and the contractor need to sign an addendum. It is your responsibility to read and understand any contract you sign. Get legal assistance if you do not understand something in a contract.
Is a contract valid if earnest money is not provided?
In most cases, a contract is still valid even if earnest money is not provided. Earnest money is not required for a contract to be legally binding, but it can serve as a sign of good faith from the buyer.
What age of consent is it legal to sign a contract for the gold's gym in Jersey City NJ?
The age of majority is required to sign a legally binding contract. That is 18 in NJ.
Can a minor put a house under a contract?
No. A minor cannot sign a binding contract.No. A minor cannot sign a binding contract.No. A minor cannot sign a binding contract.No. A minor cannot sign a binding contract.
Can you hire a lawyer by yourself if you are 17?
Unless you have been legally declared an 'emancipated minor,' probably not. You are too young to sign a legally binding contract.
Can you buy a house aged seventeen?
No you can not buy a house at the age of seventeen because you have to sign a contract and a contract is not legally binding until the age of eighteen.
Can a minor sign a non-disclosure agreement (NDA)?
No, a minor cannot legally sign a non-disclosure agreement (NDA) because they are not considered capable of entering into a legally binding contract.
What can I do to cement an agreement between two parties and make it legally binding?
You can draft a contract that states the terms of sub-letting the office space, and get both parties to sign it. This will make the agreement legally binding.
Can a landlord deny you an apartment based on your age?
Only if you are under the age of being able to sign a legally binding contract .
