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How do you know if you have a legally binding contract? Or how do you know if youve entered into a legally binding contract? Interesting. Well, stick around and Ill tell you. Hi everyone, Simon here from The Contract Company, contracts is what we do all day every day and sometimes at night. I know, lucky us and lucky me. Right so, how do you know if youve entered into a legally binding contract? Well, I can cut to the chase on this one. If youve signed something, its more likely than not that youve entered into a contract. Obviously, you cant enter into contracts for things that are illegal. So, silly but basic example, you cannot enter into a contract that says, I will kill someone for so many dollars. Because obviously murder and killing people is illegal. So as long as the contract that youve signed is not for anything thats illegal, its more likely than not, in fact, itd be 95% likely that youve entered into some sort of contractual relationship. There are certain leg