valid contract


A contract that complies with all the essentials of a contract and is binding and enforceable on all parties.

Use valid contract in a sentence

I know he wrote the terms on a cocktail napkin, but you must understand that signing it created a valid contract, so realize he can come after you for the money owed.

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Even a TV judge will tell you that if it's on a cocktail napkin and someone else signed for one of the parties when they weren't present, it certainly isn't a valid contract.

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Before agreeing to outsource all of our customer service support, we had to establish a binding valid contract that all parties could agree upon to ensure that everyone understands the expectations of the work and pay schedules.

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capacity of parties unenforceable contract