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What else can I help you with?
What is express terms?
A term enforceable under a contract that both parties have explicitly agreed to
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.
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.
How do you put a criminal charges in a promissory note?
A Promissory Note is a contract enforceable under CIVIL law. Criminal sanctions do not enter into it.
When entering in international contract can agreeing parties choose Islamic law as choice of applicable law even though they are not from Islamic country or in any way connected to Islam?
A:To be a contract in the legal sense, the contract must be enforceable, otherwise it is just a gentleman's agreement. To be enforceable, there must be a jurisdiction that has the power to enforce the contract. If neither party is from an Islamic country and neither party is a Muslim, that could be difficult. It may be possible to create the contract under the law of, say, Saudi Arabia provided that conditions are met which make the contract enforceable in Saudi Arabia.
Should court enforce all contracts?
There are Essential elements for valid contract, contract can be either by writing or orally. Literal and Unilateral contract are both enforceable contract under mistake example at common law are likely to be declare null and void, but equity may apply flexible measures like specific performance, injunction, rectification etc. Contract with a minor is valid and may enforce if its necessary for their necessity. Contract for illegal activities are non enforceable.
What is difference between contract and project?
A contract is a binding agreement which is legally enforceable by law if it is not fuilfilled. Under one project there will be different contracts entered at different periods as per the requirement of the work to be done.
What is an agreement between two or more parties that is enforceable in court?
Contract. There are two forms of enforceable actions in court under this question: 1) A Written Contract - signed by all parties, and any amendments to the contract 2) A verbal agreement, where it can be shown there was some form of agreement between he parties, and that one or more parties took action to fulfill the terms of the agreement (action to fulfill the terms constitutes a binding contract)
What is a signed contract called?
A signed contract is commonly referred to as an "executed contract." This term indicates that all parties involved have agreed to the terms and conditions outlined in the document and have formally signed it, making it legally binding. Execution signifies that the contract is in effect and enforceable under law.
Is LPO a contract?
Yes, a Legal Process Outsourcing (LPO) agreement is generally considered a contract. It outlines the terms and conditions under which legal services are outsourced, detailing the responsibilities of each party, payment structures, confidentiality, and other legal obligations. Like any contract, it requires mutual consent and is enforceable under contract law.
What is the basic test for determining if a pre-contractual statement is a contractual term or mere representation?
If the term is enforceable under the contract then it is a term. if it was merely something said to induce a person to enter into a contract it is a pre-contractual statement.
Can gratuitous promise be enforceable?
A gratuitous promise, also known as a promise made without receiving anything in return, is generally not legally enforceable because it lacks consideration, a key element in forming a contract. However, there are certain exceptions where a gratuitous promise may be enforceable, such as if it is made under seal or if there is a clear intention to create legal relations.
