Question

What does it mean agreement is valid?

Answer 1

An agreement is considered valid when all parties involved willingly and knowingly agree to the terms and conditions outlined in the contract or agreement. The agreement must be made by individuals who are legally able to enter into a contract, and it must comply with all relevant laws and regulations. Additionally, for an agreement to be valid, there must be a clear offer, acceptance, consideration (exchange of something of value), capacity of the parties involved, and legal intent. If any of these elements are missing or if the agreement is entered into under duress, coercion, or deception, it may be deemed invalid.