What is a legal contract?

Answer A contract is a legally binding agreement between two or more parties. A contract can be oral or written in nature. Three elements of a contract must be present in order to be binding.SignificanceA... Read More »

Top Q&A For: What is a legal contract

What is legal contract age?

In the United States only a legal adult can sign a contract that holds up in a court. This means a person must be 18 years old in order to sign a contract. Over a period of time contracts signed by... Read More »

What is the definition of a legal contract?

A legal contract is an agreement between parties, written or verbal, that can be enforced in court. In order for a contract to be legal, it must meet certain criteria. Parties involved must agree t... Read More »

What Is the Legal Age to Sign a Contract?

Contracts come in many forms, from leases to purchase agreements to promissory notes and other agreements that bind the signer to the terms within. In most cases, minors are prohibited from signin... Read More »

What makes a contract legal&binding?

In order for a contract to be legal and binding, the subject matter of the agreement must be legal, and the parties must have the capacity to enter into a contract and intend to be legally bound to... Read More »