Contract Law- What is a legally binding agreement?

In this video, I explain that a contract is a legally binding agreement. I explain that a legally binding agreement is one which is legally enforceable.
Two scenarios are included in the video. I explain that the first scenario is an example of an agreement that is not legally binding - not a contract. However, the second scenario is a legally binding agreement because it has the elements needed for an agreement to be recognised as legally binding in English law. Those elements are a legally binding offer, acceptance, consideration and intention to create legal relations.
What to watch next:
Contract law- What are the elements of a legally binding agreement? • What is a contract? Wh...
A playlist which includes different videos which explain different concepts in Contract law
• Contract Law: Unilater...
Read about Contract law on my blog www.lawwithden...

[@John-t4c5x]

You made it clear and understood saved me big bucks from getting churned by an Attorney

[@LawwithDenise]

Thanks for the feedback. All the best.

[@hamzayusuf333]

Beautifully explained

[@LawwithDenise]

Thanks, Hamza.

[@2getherwestand609]

A revoked contract written, delivered and acknowledged by offeror and offeree as revoked. Can this same physical contract later become "unrevoked" or voided by any means, and if so, how? In other words does the revocation obliterate the contract or not?

[@LawwithDenise]

Thanks for the question. I don't know the answer to your question. I am sorry I couldn't help this time. I hope you get the answer. All the best, Denise.

[@LittleAsian_]

Aw thank you. This is helpful to understand

[@LawwithDenise]

You are welcome. 😊

[@Stephen_nt]

Hello. Is there a video on the elements of a legally binding agreement?

[@LawwithDenise]

@Stephen_nt Yes, here you go kzbin.info/www/bejne/bpiXpISLYpqSh6M

[@LawwithDenise]

@Stephen_nt Here is a playlist on Contract law. I hope it is helpful. kzbin.info/www/bejne/eaOVq3uZqqx8fqM

[@CatIsMad]

This has been very helpful! Thank you so much

[@LawwithDenise]

You are welcome, Cat. I am wishing you the best in all your endeavours.