Are you stuck on a crossword puzzle clue that asks for a phrase meaning “legally binding as a contract”? The answer you`re looking for is “enforceable.”
When a contract is enforceable, it means that all parties involved are legally obligated to follow through with the terms and conditions outlined in the agreement. In order for a contract to be enforceable, several criteria must be met.
Firstly, there must be a mutual agreement and understanding between all parties involved. This means that everyone must be on the same page regarding the terms of the contract, and there can be no misunderstandings or miscommunications.
Secondly, there must be a consideration provided by each party. Consideration refers to something of value that is exchanged between the parties involved in the contract. This could be anything from money to goods or services.
Finally, the contract must be legal and not violate any laws or regulations. If any of these criteria are not met, the contract may not be enforceable, and any party can legally break the agreement without consequence.
In conclusion, “enforceable” is the crossword puzzle clue you`ve been seeking for “legally binding as a contract.” Remember, for a contract to be enforceable, it must have mutual agreement, consideration, and be legal.