Legally-Enforceable Agreement

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A Legally-Enforceable Agreement is an apparent agreement or agreement-like arrangement between legal parties that meets or appears to meet all legal enforceability requirements for enforcement by law.



References

2023

2023

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    • A legal agreement is an arrangement or understanding between two or more parties that is enforceable by law. This term is broader than a contractual agreement, encompassing not just contracts but other types of enforceable arrangements as well. These could include certain types of implied agreements, unenforceable contracts, and some forms of quasi-contractual obligations. A legal agreement becomes enforceable when it meets the requirements of the applicable law, and the specifics of these requirements can vary depending on the jurisdiction and the nature of the agreement.