Valid Contract Essential Elements





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valid

As adjective

sound; just; well-founded:a valid reason

producing the desired result; effective:a valid antidote for gloom

having force, weight, or cogency; authoritative

legally sound, effective, or binding; having legal force:a valid contract

Logic

(of an argument) so constructed that if the premises are jointly asserted, the conclusion cannot be denied without contradiction

Archaic

robust; well; healthy

contract

As noun

an agreement between two or more parties for the doing or not doing of something specified

an agreement enforceable by law

the written form of such an agreement

the division of law dealing with contracts

Also called contract bridge

a variety of bridge in which the side that wins the bid can earn toward game only that number of tricks named in the contract, additional points being credited above the line

Compare auction bridge

a commitment by the declarer and his or her partner to take six tricks plus the number specified by the final bid made

the final bid itself

the number of tricks so specified, plus six

the formal agreement of marriage; betrothal

Slang

an arrangement for a hired assassin to kill a specific person

As adjective

under contract; governed or arranged by special contract:a contract carrier

As verb (used with object)

to draw together or into smaller compass; draw the parts of together:to contract a muscle

to wrinkle:to contract the brows

to shorten (a word, phrase, etc

) by combining or omitting some of its elements: Contracting “do not” yields “don't

to get or acquire, as by exposure to something contagious:to contract a disease

to incur, as a liability or obligation:to contract a debt

to settle or establish by agreement:to contract an alliance

to assign (a job, work, project, etc

) by contract:The publisher contracted the artwork

to enter into an agreement with:to contract a free-lancer to do the work

to enter into (friendship, acquaintance, etc

)

to betroth

As verb (used without object)

to become drawn together or reduced in compass; become smaller; shrink:The pupils of his eyes contracted in the light

to enter into an agreement:to contract for snow removal

As Verb phrases

contract out, to hire an outside contractor to produce or do

As Idioms

put out a contract on, Slang

to hire or attempt to hire an assassin to kill (someone):The mob put out a contract on the informer

essential

As adjective

absolutely necessary; indispensable:Discipline is essential in an army

pertaining to or constituting the essence of a thing

noting or containing an essence of a plant, drug, etc

being such by its very nature or in the highest sense; natural; spontaneous:essential happiness

Mathematics

(of a singularity of a function of a complex variable) noting that the Laurent series at the point has an infinite number of terms with negative powers

(of a discontinuity) noting that the function is discontinuous and has no limit at the point

Compare removable (def )

As noun

a basic, indispensable, or necessary element; chief point:Concentrate on essentials rather than details

elements

As noun

a component or constituent of a whole or one of the parts into which a whole may be resolved by analysis:Bricks and mortar are elements of every masonry wall

Chemistry

one of a class of substances that cannot be separated into simpler substances by chemical means

a natural habitat, sphere of activity, environment, etc

:to be in one's element; Water is the element of fish

elements

atmospheric agencies or forces; weather: a ruddy complexion from exposure to the elements

the rudimentary principles of an art, science, etc

: the elements of grammar

the bread and wine of the Eucharistic service

any group of people singled out within a larger group by identifiable behavior patterns, common interests, ethnic similarities, etc

:He worried that the protest rally would attract the radical element

one of the substances, usually earth, water, air, and fire, formerly regarded as constituting the material universe

Mathematics

an infinitesimal part of a given quantity, similar in nature to it

an entity that satisfies all the conditions of belonging to a given set

Geometry

one of the points, lines, planes, or other geometrical forms, of which a figure is composed

Astronomy

any of the data required to define the precise nature of an orbit and to determine the position of a planet in the orbit at any given time

Electricity

an electric device with terminals for connection to other electrical devices

Radio

one of the electrodes in a vacuum tube

Astrology

any of the four triplicity groupings of signs: fire, earth, air, or water

Optics

any of the lenses or other components constituting an optical system

Grammar

any word, part of a word, or group of words that recurs in various contexts in a language with relatively constant meaning

Digital Technology

the start and end tags in an electronic document or web page, along with the text or other content between these tags

See also tag (def b)

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High Quality SlideShare .

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9/25/2013Mihir Joshi 12; 13.  It Is The Third Essential Element Of A Valid Contract. .
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