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REQUIREMENTS FOR A CONTRACT In order for a contract to be valid, there must be an offer, an acceptance of the offer, an exchange between the parties of something of value, and an agreement to the terms.
The law generally provides for a 5-day period in which you have the right to cancel the purchase agreement.
A contract is a legally enforceable agreement between adults. To be enforceable, the contract must be entered into voluntarily, have clearly agreed upon terms and conditions and demonstrate the exchange of ?consideration?.
Does Nevada require corporate bylaws? No. Nevada is one of few states that doesn't order corporations to adopt bylaws.