Question

Vernon signed a contract with Cameron allowing Cameron to deal cocaine on Vernons property this contract is because neither party can legally enforce it

Answer 1

Answer:

Invalid

Explanation:

Most contracts are routine and easily fulfilled. For instance, it’s implied that when you go to the hairdresser they’ll give you what you asked for, within reason, and won’t simply cut off all your hair (unless, of course, that’s what you’d asked for).  

It’s only when the terms of the contract become more detailed—and the contract is less routine—that people should write them down and indicate acceptance with a signature.

To create a valid, enforceable contract under state and federal laws, you must include the required elements.

Offer and Acceptance: A contract must have an offer and acceptance. One party makes an offer (such as selling goods or services for a quoted price) and the other party accepts the terms of the offer (often by making a payment or by providing their signature in writing).  

Legal Object: The object (i.e. the subject matter of the agreement) cannot be illegal; for instance, the law will not uphold an Employment Contract that requires someone to commit a crime, such as theft.

The Capacity of Parties: The law uses age as a threshold for capacity, setting 18, 19, or 21 years as the age of adulthood. Once an adult, mental competence comes into play. The parties must demonstrate their legal capacity to enter into a contract; this means they have a complete understanding of the nature and effect of the contract.  

Consideration: Consideration is a price or value that’s exchanged for an offer. Although it’s usually monetary, consideration can be any right, interest, or benefit—as long as there is an exchange of something of value. Notably, consideration doesn’t have to represent a ‘good deal’ for either or both parties; that is a matter of judgment for the parties entering into a contract.