What are the legal implications of agreements?

What are the legal implications of agreements?

Agreements can create binding obligations. If one party fails to fulfill their part, they may face legal consequences.

Can verbal agreements be enforced legally?

Yes, verbal agreements can be enforceable, but proving their terms can be challenging without written evidence.

What should I include in a written contract?

A written contract should include the parties involved, terms of the agreement, payment details, and signatures.

What happens if one party breaches the contract?

If a party breaches a contract, the other party may seek damages or specific performance through legal action.

Are there any agreements that cannot be enforced?

Yes, agreements that involve illegal activities or are against public policy cannot be enforced.