A contract, which is a legally-distinct concept from a legally-enforceable promise, is enforceable when (1) it is deemed valid at law, that is, when there are no defenses to formation; and, (2) its...
Contracts are not enforceable by law, rather by the principles that are enforced by the courts. If a contract exists ( which is always a question posed by the court ), and there is a breach of...
When 2 or more people make a contract they are agreeing to give each other something for something eg I pay you $1.oo for that tree. If you give me the tree and I do not give you the money we agreed...