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A valid contract is legally enforceable and defined by law. A test that you would apply to ascertain whether an agreement is a contract would be looking at the benefits and duties between the parties of the agreement.

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9y ago
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11y ago

Offer + Acceptances = contract + enforceability

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Q: Which test would you apply to ascertain whether an agreement is contract?
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What tests would you apply to ascertain an agreement is a contract?

Confirm that there is an offer from one entity to another. Confirm that the offer has been accepted and that a price has been agreed upon. Both entities that are making the agreement must also intend for it to be legally binding in order for it to be considered a contract.


How long does the liability for a supplier continue will s61 apply?

it will depend on the agreement of the contract.


Is an agreement to agree a valid contract?

Agreements to agree An "agreement to agree" is not a contract. This type of agreement is frequently employed in industries that require long-term contracts in order to ensure a constant source of supplies and outlet of production. Mutual manifestations of assent that are, in themselves, sufficient to form a binding contract are not deprived of operative effect by the mere fact that the parties agree to prepare a written reproduction of their agreement. In determining whether, on a given set of facts, there is merely an "agreement to agree" or a sufficiently binding contract, the courts apply certain rules. If the parties express their intention-either to be bound or not bound until a written document is prepared-then that intention controls. If they have not expressed their intention, but they exchange promises of a definite performance and agree upon all essential terms, then the parties have formed a contract even though the written document is never signed. If the expressions of intention are incomplete-as, for example, if a material term such as quantity has been left to further negotiation-the parties do not have a contract. The designation of the material term for further negotiation is interpreted as demonstrating the intention of the parties not to be bound until a complete agreement has been reached.


If your salary is reduced can you apply for unemployment benefits?

It would depend on: 1) What state you worked in, 2) Whether your state allowed unemployment for reduced wages/salary, 3) How much the wages/salary were reduced from the customary wages/salary you earned, and 4) If there were any kind of contract or written agreement/union involved.


How can a 17-year-old get a personal loan?

You can't. No contract is legal and binding until the contract holder is of legal age to which is 18. No bank or corporation can legally enter into such an agreement with a minor. It would have to be very personal, such as a relative or friend of the family who understood that the loan would not be a binding legal agreement. Although this stipulation does not apply in every situation pertaining to financial transactions by an underaged person.


Are oral agreement and contract void under law?

What I think you are trying to ask is whether oral agreements and oral contracts necessarily void under the law. Not necessarily. If you are purchasing goods for $500 or more, or for real estate, agreements must be in writing or something called the Statute of Frauds applies meaning you won't be able to uphold what you agreed to in court. For all other contracts, your state law will apply, but general contract law holds that as long as there is an offer and and acceptance for consideration, you have a contract, and the law will respect that contract (unless it is for some illegal purpose). Is it harder to prove an oral contract? Yes. Is it necessarily void? No.


Where do you get contract advice?

You get contract advice from an attorney. Find one in your jurisdiction that knows the laws that will apply.


Where are you told to sign a contract?

when we try to apply for our jobs


What are valid and invalid contracts?

"Invalid contract" might describe the terms of an agreement that purports to be a contract--but by one or more legal theories does not constitute one, and is therefore unenforceable as one. This refers to a defect in contract formation--whose elements are those of mutual assent (effectively-communicated offer and acceptance) and consideration (a bargained-benefit or detriment). An "invalid contract" may or may not be enforceable as a set of one or more enforceable promises, depending on whether alternative theories apply, such as that of promissory estoppel.Void contract, as compared with voidable contract,refers to a contract that has become void by reason of one or more contract-law avoidance theories. A voidable contract is one voidable at the option of one of the parties. Two examples: a contract entered into for an illegal purpose is void. A contract entered into by a minor is voidable at the minor's option unless subsequently ratified.


T and C's apply-what does this mean?

This actually means, "Terms & Conditions" - as in a contractual agreement.


I wanna know if I apply for AT and T 2 year contract they gonna do a credit check So is that a hard pull or a soft pull on my credit?

If you apply for a 2 year contract with AT&T they will do a hard pull on your credit report.


Is it a breach of contract if there is no specification of date to perform in the contract?

if there is no date specify this does not mean there is a breach. for a breach to occur one of the parties to a contract must not have fully performed their obligations. if there is no date specified in the contract the courts will apply a reasonable date