A. not effective B. having no force C. having legal force D. optional 相关知识点: 试题来源: 解析 C。解析:“binding”是有约束力的,即有法律效力,选项 C“having legal force”正确;选项 A“not effective”是无效的;选项 B“having no force”是没有力量;选项 D“optional”是可选的。反馈...
if one business partner contracted someone to kill another business partner, but the person took the money without fulfilling the contract, there's nothing that can be done. A contract of murder for hire is illegal and the contract is unenforceable. ...
For a contract to be binding, the acceptance of the offer must be relayed in a way that is authorized, requested, or reasonably expected by the person offering. Acceptance definition law involves assenting to the terms made in an offer. It is vital to judge acceptance objectively and make ...
Focuses on factors to consider in a contract. Definition of contract; Characteristics of a contract; Manifestation of the assent of parties in accordance with the terms and conditions; Benefit and detriment of a contract to each of the parties; Authority and capacity of both parties to enter ...
Which elements are required for a contract to be legally binding? Contracts need to contain the following elements to be considered legally binding: –the capacity of the parties to fully understand and consent to the terms –consideration or value provided to both parties ...
A requisition is a documented request for an item to be delivered by a certain date. Read how requisitions work as part of the procurement process.
Another name for legally binding is legally enforceable. This is a contract that is recognized by law and can be upheld in court. What is a legally binding obligation? A legally binding obligation is a duty or commitment that is recognized by law and enforced by the court. What does legally...
Other contracts can be harder to break. Under the Truth in Lending Act (TILA), banks are required to give customers applying torefinancean existing loan with a new lender athree-day periodto change their minds. The clock starts ticking once the contract is signed and the Truth in Lending di...
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Contracts are not required to be in writing, but, when they are, courts will generally not consider external factors when interpreting the contract itself. Instead, the courts will only look to what was included within the written contract, or the "four corners." MyLawQuestions is dedicated ...