Question: What are the conditions for a contract between two or more parties to be legally binding? Under what conditions can a contract not be legally

What are the conditions for a contract between two or more parties to be legally binding? Under what conditions can a contract not be legally binding for one or more of the parties

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q) Briefly list the eight safety rules for building and inspecting scaffolds? Q) What are the conditions for a contract between two or more parties to be legally binding? Under what conditions can a...

1. What events are triggered by the issue of a completion certificate? Explain your understanding of the defects liability (notification) period and what is the difference between a patent defect and...

1. Describe the main causes of workplace accidents? 2. Briefly list the eight safety rules for building and inspecting scaffolds? 3. What are the conditions for a contract between two or more parties...

Question 1 ( 1 point ) Saved Which of the following best describes the effect of a "condition subsequent" in a contractual agreement? Question 1 options: The contract will terminate when a specified...

Which of the following best defines a contract? Question 4 options: An agreement between two or more parties that is legally binding and enforceable by law. An agreement between two friends, where...

1 . A contract can be properly defined as:a . A very important agreement between two or more parties. b . A legally binding agreement between two or more parties which a court cannot enforce. c . A...

\f\f\f9' \"'3' 22:13 @ 54% [:1- Done law assgiment.docx UTpLorrrUb-zs Introduction Alan is a student of Kaplan Higher Education, he completed Commercial Law module in June 2015 and intends to sell...

A director in a limited company which does construction work cannot be held personally liable for faulty construction work that s/he performs. A single person cannot own all the shares of a limited...

Question 46 What component of enterprise level structured cabling serves asthe location where an incoming network interface enters a buildingand connects with the building's backbone cabling? a. main...

Calculate the pH of a solution that is 1.00 M HCN and 1.00 M HF. Compare the concentration (in molarity) of the CN2 ion in this solution with that in a 1.00 M HCN solution. Comment on the difference.

A crutch is pressed against the sidewalk with a force F c along its own direction as in Figure. This force is balanced by the normal force F n and a frictional force fs. (a) Show that when the force...

9. Does the algorithm in Figure 5-35 produce the same results as the solution shown in Figure 5-4 in this lesson? If not, why not? 1. shoot the basketball 2. if the basketball did not go through the...

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...