solemnity of contract

solemnity of contract definition - legal

n

A concept that it is all right for two people to enter into a contract for anything they wish to, and as long as the proper formalities are observed and no defenses exist against it, that contract is enforceable and should be respected.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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