On the average a racing horse should spend at least 6 months in training (by that time his knees will be closed), before we start to increase the speed from a working gallop, and at least 10 months before he runs his first race.
A legally binding contract is a contract agreement that is valid under state and federal contract laws.Legally bindingâ means that the parties must obey the terms written in the contract and perform their contract duties as stated. Failure to do so may result in legal consequences, such as a damages award.
A contract is an agreement between two parties that creates an obligation to perform (or not perform) a particular duty. A legally enforceable contract requires: 1  An Offer (Iâll mow your lawn this weekend if you pay me $30).2  An Acceptance (Youâve got a deal). contract is an agreement between two parties that creates an obligation to perform (or not perform) a particular duty. A legally enforceable contract requires: 1  An Offer (Iâll mow your lawn this weekend if you pay me $30). 2  An Acceptance (Youâve got a deal).