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Week 5-Safe Assignment

Week 5-Safe Assignment

Q Define EACH of the following Terms: Legally enforceable Bilateral Contract Express Contract UCC Promissory Estoppel

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In simple words, “legally enforceable” means legally binding. Basically, enforce means to compel upon observance of or shower obedience upon something that is legal. So, legally enforceable means, the proficiency of being enforced. It is the law of contracts which specifically deals with various enforcements of promises being made by either parties ("legally enforceable", 2019). As of the textbook, “A contract is a legally enforceable promise or set of promises” (pg-343). For example, an agreement or contract amid individuals in which either of the parties would legally compel upon the performance of the other party and this is known as enforceable contract. The law of contract deals with enforcement of promises.