Once you sign a contract, it is valid and enforceable right away. Usually, there is no right to cancel.Contract Law For Dummies tracks to a typical contracts course and assists you in understanding the foundational legal rules controlling voluntary agreements. A breach occurs if a party without legal excuse fails to perform an obligation in a timely manner, repudiates a contract, or exceeds a contractual use term. Contract Law in Virginia is a practice-oriented handbook for both the novice and seasoned Virginia practitioner, combining coverage of Virginia contract law. Contract Law For Dummies is an incredibly informative and well-written book that provides a comprehensive introduction to the complex world of contract law. Virginia law distinguishes between material and non-material breaches. Certain contracts void as to creditors and purchasers unless in writing; law governing valid- ity of contracts creating security interests. Contracts can be flexible, complex, or as simple as exchanging two promises. The promise can be straightforward, such as mowing the lawn or selling a lawnmower.