What constitutes a valid contract?
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What constitutes a valid contract?
My husband has a written agreement (not notarized) with an ex-girlfriend saying he would pay a credit card balance. The credit card is hers. Would this signed agreement hold up in court?
Asked on November 4, 2011 under Bankruptcy Law, Maine
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
A valid contract is a situation when one makes an offer, there is an acceptance and there is something of value for the agreement given. In the situation you write about, the agreement signed with your husband and his former girlfriend is evidence of an agreement between him and her that he would pay a credit card balance of hers.
Whether or not there is an actual agreement where value was given for the written agreement by your husband is something that a judge or jury would have to make the ultimate decision upon.
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