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i think it's a contract

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14y ago

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How does a contract differ from an agreement?

An agreement is any arrangement that is agreed upon by two or more parties. A contract, on the other hand, is a legal and formal agreement between two or more entities which is enforceable by law.


What is void agreement?

section2(g) provides, "an agreement not enforceable by law is said to be void" the void agreement does not create legal relations between parties and is void ab-initio(from the beginning).


What is the gentleman agreement?

A gentleman's agreement is an agreement which is made on each person's word of honor. It is not a legal agreement, but a verbal agreement which can be enforceable in a court of law.


What is Gentleman Agreement?

A gentleman's agreement is an agreement which is made on each person's word of honor. It is not a legal agreement, but a verbal agreement which can be enforceable in a court of law.


What is Gentlemen's agreement?

A gentlemen's agreement is an informal, non-legally binding agreement between two parties based on trust, honor, and mutual understanding. It is often used in business or diplomacy when a formal contract is not deemed necessary or practical. However, due to its informal nature, a gentlemen's agreement may not always be enforceable in a court of law.


What law restricts a minor to operate a trading account?

In most cases the law of majority. Only an adult can sign a legally enforceable agreement.


All contracts are agreements but all agreements are not contract discus?

Contracts are agreements that are legally enforceable. An agreement does not have to be legally enforceable in order to be an agreement. The element of enforceability by law is what distinguishes the two.


Is a collective bargaining agreement negotiated between an employer and its workers is an informal agreement outlining the terms and conditions of employment?

employer (US Federal department, agency, or command)


What is the meaning of enforceable by law?

Enforceable by law refers to a rule, regulation, or agreement that has legal validity and can be upheld or enforced through legal means. It means that if someone fails to comply with the terms or obligations specified in the law or agreement, legal actions can be taken against them to ensure compliance or seek remedies.


All contracts are agreement nall agreements are not contract?

some agreements are not enforceable by law, so they are not contracts. so does that mean a collaborator agreement is voided out because there is no ending date on it?


Is collective agreement enforceable in Nigeria if yes why and if no reason?

well to me colective agreement is not enforceable due to the kind pf government that we have. during negotiation instead


Define social agreement with atleast two example?

A social agreement is an agreement not enforceable by law.. for example A is a friend of B , A agrees to give B a treat on his birthday. A is not legally obligated to give B a treat on his birthday .

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