Valid Contract | Define Valid Contract at Contract
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If the contract is not required by law to be written, an oral contract is valid and ... The doctrine of privity of contract means that only those involved in striking a ...

Valid Contract legal definition of Valid Contract - Legal Dictionary Contract

Specific Performance. An extraordinary equitable remedy that compels a party to execute a contract according to the precise terms agreed upon or to execute it ...

What is Valid Contract? definition and meaning -

Definition of valid contract: A contract that complies with all the essentials of a contract and is binding and enforceable on all parties.

What are the basic requirements for making a valid contract?

A valid contract normally contains the following five basic elements. ... These words have the legal meaning that the document is not a contract, and that all of the ...


Feb 19, 2012 ... In order to create a valid contract, there must be a 'lawful offer' by one ... 'Consent' means the parties must have agreed upon the same thing in ...

What is contract? definition and meaning -

Definition: A voluntary, deliberate, and legally binding agreement between two ... (2) acceptance of the offer, and a (3) valid (legal and valuable) consideration.

What Makes A Contract Valid? - Forbes

Nov 20, 2006 ... In a few situations, a contract must also be in writing to be valid. ... you create a contract, which means you're liable for your side of the bargain ...

Meaning and Essentials of a Valid Contract -

Apr 16, 2011 ... A contract is an agreement, enforceable by law, made between at least two parties by which rights are acquired by one and obligations are ...

Valid | Define Valid at

legally sound, effective, or binding; having legal force: a valid contract. 5. Logic. ( of an argument) so constructed that if the premises are jointly asserted, the ...

Popular Q&A
Q: What is the definition of valid contract?
A: A valid contract is a law binding agreement which will be signed by both parties. This contract will be valid. Read More »
Q: Definition of contract and essentials of valid contract?
A: Cnotract is a legally binding agreement between two or more parties. without written agreement there is no agreement.It is the prior agreement that will rise to... Read More »
Q: What is financial definition of Valid Contract?
A: A contract that conforms to the law of the jurisdiction in which it is entered. In the event of a dispute, a court will enforce a valid contract. Read More »
Q: How to Write a Valid Contract.
A: 1. Establish that those entering into the contract are legally able to do so. Entering into an agreement with a minor or a person of diminished mental capacity,... Read More »
Q: How to Determine if a Contract Is Valid
A: 1 Consider hiring an attorney to draft the contract. If the contract is of substantial value, for example to buy or sell a house, an attorney should draft the c... Read More »