The legal term for a condition in a contract that must be fulfilled for the contract to be binding is called a "condition precedent."
Yes, you can sign a binding contract.
A contract is a legally binding document. If it was signed, it is serious.
No, a text message is not typically considered a binding contract unless it meets specific legal requirements such as offer, acceptance, and consideration. It is important to consult with a legal professional for specific advice on contract formation.
No, not unless a parent or legal guardian also signs. You must be 18 to enter into a legally binding contract.
Just because a contract contains consideration does not mean it is legal or binding. There are other requirements that must be met.
A legal contract is binding. If you break the contract without having the legal right to do so as set in the terms of the contract or by having the contract declared void by a court, the other party has the right to sue you in order to be compensated for the value of the contract.
The contract can be legally binding at the discretion of the 18 year old. The minor can 'disaffirm" the contract, or say there is no contract, when he/she reaches the legal age of majority in AL which is 19.
Yes, a signed piece of paper can be legally binding in a contract if it meets the necessary requirements for a valid contract, such as offer, acceptance, consideration, and intention to create legal relations.
Domestic agreements are not intended to be legal binding Commercial contracts are intended to be legal binding
Yes, a text message can be considered a legally binding contract if it meets the requirements of a contract, such as offer, acceptance, consideration, and intention to create legal relations. It is important to note that the content of the text message and the context in which it was sent will determine its legal validity.
For a contract to be legally binding, it typically needs four key elements: an offer, acceptance, consideration (something of value exchanged), and the intention to create a legal relationship.
18, must be of legal age to enter into a binding contract.