What is defined as any agreement that can be enforced in court?

Prepare for the NALS ALP Test with comprehensive quizzes. Use flashcards and multiple choice questions, with helpful hints and explanations to ace your exam!

The term that describes any agreement that can be enforced in court is known as a contract. A contract is a legally binding agreement between two or more parties that establishes obligations for each party. It typically requires mutual consent, consideration (something of value exchanged), and a lawful object to be valid and enforceable.

In a legal context, simply having an agreement does not guarantee enforceability; it must meet specific criteria to qualify as a contract. For instance, a promise or understanding may involve mutual consent but lacks the legal framework required for enforceability unless it meets the criteria of a contract, such as consideration and intent to create legal obligations. Therefore, while an agreement, promise, and understanding may be components or informal forms of agreement, without the elements that characterize a contract, they cannot be enforced in a legal setting in the same way.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy