Agreements signed by both parties are usually legally binding. As long as both parties have corresponding capacity for civil conduct, the agreement is made out of the true will of both parties, and the content of the agreement is legal, the agreement is legally binding. Then, does the agreement signed by both parties have legal effect? Let's take a look at it with the small series of the French Open. 1. Does the agreement signed by both parties have legal effect? The agreement signed by both parties is based on the true meaning of both parties. Either legally invalid or valid, with legal effect. The agreement is characterized by no specific object, simplicity, generality and principle, and does not involve liability for breach of contract. Second, whether the agreement signed privately has legal effect In China, the agreement signed by both parties is generally legally effective. However, the following conditions must be met: 1. Subject qualification. That is, the parties should have corresponding civil capacity to conclude an agreement; 2. The agreement does not violate the mandatory provisions of laws and administrative regulations, and does not violate public order and good customs; 3. The meaning is true; 4. Other conditions. 3. Is the agreement signed by the agent valid? An agreement signed by a person authorized or entrusted by law is valid. As long as the agent is the principal's entrusted agent or legal agent, the civil legal act carried out by the agent in the name of the principal within the agency authority is valid; If the agency authority is exceeded, but it is ratified afterwards, the agency behavior is also effective. The above is about whether the agreement signed by both parties has legal effect. I hope it helps you. If there are any legal problems, it is recommended to consult a professional lawyer of the French Open.
Legal objectivity:
Article 490 of the Civil Code of People's Republic of China (PRC): If the parties conclude a contract in the form of a contract, the contract is concluded when the parties sign, seal or fingerprint it. Before signing, sealing or fingerprinting, one party has fulfilled its main obligations, and the contract is established when the other party accepts it. A contract shall be concluded in written form as stipulated by laws, administrative regulations or agreed by the parties. If the parties do not do this in writing, but one party has fulfilled its main obligations and the other party accepts it, the contract is established. Article 502 of the Civil Code of People's Republic of China (PRC) * * * A contract established in accordance with the law shall take effect upon its establishment, except as otherwise provided by law or agreed by the parties. In accordance with the provisions of laws and administrative regulations, if the contract should go through the approval procedures, such provisions shall prevail. If the failure to go through the formalities such as approval affects the effectiveness of the contract, it will not affect the performance of the obligation clauses such as approval and the effectiveness of relevant clauses in the contract. If the party that should go through the formalities for approval fails to perform its obligations, the other party may require it to bear the responsibility for violating its obligations.