Enforce Of Agreement Meaning
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Enforceable law definition means that an agreement has been made by two or more parties and includes the components of a valid contract. For a contract to be valid, there must be an offer, a consideration, and the parties involved must be of full mental capacity.
Legal Definition of enforceable : capable of being enforced especially as legal or valid creditors with enforceable contract rights L. H. Tribe.
Enforceable Law and Legal Definition To enforce means to mandatory compliance with a contract. United States contract law provides that contracting parties have a right to commitment and enforceability.
A contract is enforceable if a court is willing to obligate both parties to carry out the terms of the agreement. Courts deem contracts enforceable if the terms are willingly agreed to by the parties and something of value is exchanged between the parties.
In order to have an enforceable contract, you need to have 6 elements:Offer and acceptance.Intention to create a legal contract.Consideration an exchange of value.Legal capacity.Consent.The contract must cover a legal transaction.