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An Individual Development Plan (IDP) is generally not considered a binding contract. Instead, it serves as a developmental tool that outlines goals, skills, and resources for personal or professional growth. While it may be agreed upon by both parties, it typically does not have legal enforceability like a formal contract. However, it can still foster accountability and commitment to development objectives.
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Factor that can validate and invalidate a binding contract?
Factors that can validate a binding contract are signatures from all parties and a fulfillment of obligations. A factor that can invalidate a binding contract is undue stress caused as a result of the contract.
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.
What do you meant by contract?
A contract is a legally binding agreement.
I'm emancipated by marriage can I sign a legal binding contract in the state of Colorado?
Yes, you can sign a binding contract.
what are Difference between a contract and an agreement?
a contract is LEGALLY BINDING, an agreement is not necessarily legally binding depending on the circumstances
What is the legal term for a condition in a contract that must be fulfilled in order for the contract to be binding?
The legal term for a condition in a contract that must be fulfilled for the contract to be binding is called a "condition precedent."
Is the contract for a timeshare legally binding?
Yes, a contract for a timeshare is legally binding. However, the contract usually has an opt out period of at least ten days. The salesperson can also choose to let you out of the contract.
Is a college catalog a binding contract in Virginia?
A college catalog can be a binding contract in Virginia if the college requires this. Not all colleges in Virginia make their college catalogs binding contracts.
Can a 12 year old make a legally binding contract?
Yes, a 12 year old can form a legally binding contract.
How old must you be to get a cell plan with US Cellular?
A cellular contract is a legally binding contract; you must be 18 to enter into a legally binding contract. The answer is 18 years old.
What is the Latin phrase for legally binding contract?
The Latin phrase for legally binding contract is "pacta sunt servanda".
Is a contract binding if it has no end date?
Not necessarily, but if it doesn't it should be written within the contract that the contract may be subject to change or termination at any time.
