Contract Validity
/ˈkɒntrækt vəˈlɪdəti/
Definitions
- (n.) The legal sufficiency and enforceability of a contract under applicable law.
The court examined the contract validity before ruling on the dispute.
Forms
- contract validity
Related terms
See also
Commentary
Contract validity is foundational; contract drafters should ensure criteria like offer, acceptance, consideration, and legal purpose are met to avoid challenges to enforceability.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.