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LSDefine

Simple English definitions for legal terms

valid agreement

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A quick definition of valid agreement:

A valid agreement is when two or more people make a promise to do something and that promise can be enforced by law. It can be written down in a document, but the important thing is the promise itself. Sometimes people use the word "contract" to refer to the document, but really it's the promise that matters.

A more thorough explanation:

A valid agreement is a legally binding contract between two or more parties. It creates obligations that can be enforced by law. A contract can be in writing or verbal, but it must meet certain requirements to be considered valid.

For example, if you agree to sell your car to someone for a certain price, and they agree to buy it, that is a valid agreement. Both parties have made promises and are obligated to fulfill them. If one party fails to fulfill their promise, the other party can take legal action to enforce the contract.

However, not all agreements are valid contracts. For instance, if you promise to give your friend $100 as a gift, that is not a valid contract because there is no consideration or exchange of value. If you later change your mind and decide not to give your friend the money, they cannot take legal action to enforce the agreement.

In summary, a valid agreement is a legally binding contract that creates obligations between parties. It must meet certain requirements to be considered valid, such as having consideration and mutual assent.

valid | validating statute

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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