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When one person does not honor a binding agreement the other person has the right to sue under?
Wiki User
∙ 11y ago
Breach of Contract
Wiki User
∙ 11y ago
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What is a legally binding agreement that can be rejected at the option of one of the parties?
A unilateral contract is a legally binding agreement in which only one party makes a promise or undertakes an obligation, while the other party has the option to accept or reject it. If the second party chooses not to accept the terms of the contract, they are generally not bound by its terms.
What are legally binding contracts?
A legally binding document is one whose terms can be enforced by a court of law. An example is a marriage certificate and a contract.
Can a contract be altered by one party only i have agreed to a non signed agreement in writing the other party have now changed the goal posts can they do this?
In general, a contract cannot be unilaterally altered by one party without the consent of the other party. If the other party has changed the terms of the agreement without your consent, they may be in violation of the initial agreement. It is important to address the issue with the other party and seek a resolution. If necessary, legal recourse may be an option.
A legal agreement among two or more local jurisdictions that plan to assist each other in cases of emergencies?
A mutual aid agreement is a legal document that outlines the terms of cooperation between two or more local jurisdictions or organizations to provide assistance to each other during emergencies or disasters. This agreement allows for the sharing of resources, personnel, and support to effectively respond to and manage crises.
Can a promissory note be legally binding if not notarized?
Yes, promissory notes can be legally binding even if not notarized. Notarization is not typically required for a promissory note to be enforceable, as long as the essential elements of a contract are present and the parties consent to the terms.
How binding is a purchase agreement?
Contracts are legally binding on both parties to them.
What is verbal agreement?
An verbal agreement is something two or more parties have agreed to do, agreed not to do or an arrangement made verbally and not in writing. In some jurisdictions a verbal agreement can be binding if there are truthworthy witesses to it, in other jurisdictions it may not be binding.
Are rent agreement forms binding?
Yes, like all contracts between adults, rental agreement forms are binding. If you feel as though the other party has wronged you, then you should seek the advice of an attorney.
Can you confirm if an agreement is signed and witnessed by the same person that it is valid?
There are a number of legal rules which apply to agreements or contracts, so I cannot say that any signed agreement is valid; but if the agreement meets other requirements for legality, and is signed, then that signature is legally binding. A signed agreement does not have to be witnessed by another person (for example, anytime you write a check, that is an instruction to your bank to make a payment to another person, and that instruction is validated only by your own signature, with no witness being required) but if the agreement is very important, a witness is desirable as a form of confirmation.
Is a verbal agreement between divorced parties binding for non-payment of child support and alimony?
As the saying goes, "A verbal agreement isn't worth the paper that it written on" if in court both parties agree they had this agreement and are wiling to abide by it then the court wll consider its legal validity. However if one party disavows or denys this agreement in court then the court will probably not give it any consideration.
What is A non-cooperative Nash equilibrium?
Means there is no binding agreement. So free to play the strategy that is the optimal response to the other players actions.
What is a legally binding agreement that can be rejected at the option of one of the parties?
A unilateral contract is a legally binding agreement in which only one party makes a promise or undertakes an obligation, while the other party has the option to accept or reject it. If the second party chooses not to accept the terms of the contract, they are generally not bound by its terms.
Can you get a post-marital agreement in Florida that will protect you financially without your husband's signature if you and your husband have been separated for 8 months?
No. Any agreement has to be "agreed" to by both parties.
All contracts must have consideration?
No. Executory contracts are binding once one party does what the contract requires or does something in reliance on the contract that is binding on that party. Example: A agrees to buy 1000 widgets from B next Tuesday. B orders the widgets. A says, sorry, I don't want them. Too late. The agreement is binding on A with no consideration being exchanged.
Two parties enter into an agreement one party violates the agreement is the other party still bound?
Question: Is the agreement legally enforceable? If so, then unless both parties agree to dissolve the agreement by mutual agreement, it remains in effect and binding on BOTH signers. If it is legally enforceable, you can take the non-complying party to court and enforce the terms agreed to in the agreement/contract.
What is the difference between a covenant and a testament?
A covenant is a binding agreement between two parties, often with specific terms and conditions. A testament, on the other hand, is a legal document that outlines a person's wishes after their death, usually in relation to their assets and belongings. In religious contexts, the terms may refer to agreements with God and a person's will or declaration of faith.
My husband agreed to sell his car and then changed his mind. There was no written contract and no deposit. Can the other party place a lien on the car?
Generally: If there was no contract or written agreement and no deposit then there was no binding agreement between the parties unless the buyer sues in court and can prove (through witnesses and testimony) there was a oral contract. If the court renders a decision that there was a agreement it could issue a judgment lien.Generally: If there was no contract or written agreement and no deposit then there was no binding agreement between the parties unless the buyer sues in court and can prove (through witnesses and testimony) there was a oral contract. If the court renders a decision that there was a agreement it could issue a judgment lien.Generally: If there was no contract or written agreement and no deposit then there was no binding agreement between the parties unless the buyer sues in court and can prove (through witnesses and testimony) there was a oral contract. If the court renders a decision that there was a agreement it could issue a judgment lien.Generally: If there was no contract or written agreement and no deposit then there was no binding agreement between the parties unless the buyer sues in court and can prove (through witnesses and testimony) there was a oral contract. If the court renders a decision that there was a agreement it could issue a judgment lien.
