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Elements that Make a Contract Valid by Keira Scott





Article Author Biography
Elements that Make a Contract Valid by
Article Posted: 06/15/2011
Article Views: 120
Articles Written: 31
Word Count: 504
Article Votes: 0
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Elements that Make a Contract Valid


 
Business,Law,Ezine
For the regular procedure of employment, the employer should make it a point to present a contract that would seal the employee and employer relationship. Contracts are legal and binding and it is often the best reference to know the things that should be expected out of the working relationship.

However, the legality of a contract is an important factor in the protection of one’s rights and it will really be important to know the different elements that would make a contract valid. There are essential considerations that should never be overlooked and there is no better way to assess the validity of contracts other than to seek the opinion of an employment law specialist.

Employment problems may occur and even before such conflict arises, you should know the different elements that will make it possible for you to gain the necessary protection through the power of a legal contract. The following are some of the essential factors that would make the agreement between you and your employer absolutely binding.

1. Proposal and acceptance 2. Consideration – lawful consideration with a lawful object 3. Capacity of parties to contract 4. Free consent 5. An agreement must not be expressly declared to be void. 6. Writing and Registration if so required by the law. 7. Legal relationship 8. Certainty 9. Possibility of performance 10. Enforceable by law.

Contracts can become the most dependable ally of the employees when they feel that they are not getting the benefits that they are supposed to receive and likewise, it is the valuable piece of paper that can offer the best possible guidance for the employers to be certain that they are taking on the right path and they will not in any way be held for violations of employment law in the end.

Transactions and agreements will never possess the value that it is supposed to have if it lacks the most important elements that would make everything legal and binding. Pay enough attention to the things that will give you the necessary protection whether you are the employee or the employer and for sure, you will never run into any sort of problem in case you want to get the assurance that you are getting the necessary protection that you are supposed to have.

Contract is the major basis of an entire working process and without it, you might as well be prepared to face a blank wall in terms of the things that you can expect from your employment. However, once you get a copy, you should never be too confident to ignore the factors that can ensure you of its validity.

Contracts are supposed to offer the necessary protection to people and for sure, it is every inch worthy of the attention that it requires. Your future as an employee or as an employer will only require some time to browse through the entire contract and from such effort you can expect to gain the best of what you can possibly have.

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