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At what age can one enter into a contract and cannot disaffirmed in NC?
The age of majority on the state I would assume.
What contracts cannot be assigned?
Contracts that involve personal services, contracts that explicitly prohibit assignment, contracts that involve a unique skill or talent, and contracts that would violate public policy are generally not assignable.
Are verbal contracts binding in Arizona?
Oral contracts can be enforced in Arizona. But the contract cannot violate the statute of frauds which requires certain contracts to be in writing.
Do employee contracts negate federal overtime laws?
Labor laws cannot be negated by contracts. An employee cannot give up the right to overtime pay or minimum wage.
What funds cannot use to adjust contracts?
Closed/Canceled
What cannot be use funds to adjust contracts?
Closed/Canceled
Certain persons cannot make contracts that will bind them?
Contracts entered by minors are revocable or voidable; the law calls minors infants. Contracts entered into by the mentally infirm are void.
What types of contracts must be in writing?
Contracts that involve the sale or transfer of land, contracts that cannot be completed within one year, contracts for the sale of goods over a certain value, and contracts for the payment of another person's debt must be in writing to be enforceable.
What contracts are required to be in writing?
Contracts that involve the sale or transfer of land, contracts that cannot be completed within one year, contracts for the sale of goods over a certain dollar amount, and contracts for the sale of goods over a certain dollar amount are required to be in writing to be enforceable.
Minors cannot make valid contracts. critically assess the extent to which this statement is true?
Yes. Minors cannot make valid contracts. This is because, the basic common law rule is that contract do not bind minors.
What contracts must be in writing according to legal requirements?
Contracts that involve the sale or transfer of real estate, contracts that cannot be completed within one year, contracts for the sale of goods over a certain dollar amount, and contracts for the payment of someone else's debt are examples of contracts that must be in writing according to legal requirements.
Are contracts with illegal subject matter voidable in business?
Yes, all contracts with illegal subject matter are voidable. A judge cannot order enforcement of illegal activities, so the contract is not valid.
