An agreement enforceable by law is a legally binding agreement between two or more parties, where each party has agreed to perform certain obligations and responsibilities. In the event that one of the parties fails to meet their obligations, the other party can seek legal recourse to enforce the agreement.
A recent case that highlights the importance of having an agreement that is enforceable by law is the dispute between Apple and Epic Games. Epic Games, the developer of the popular game Fortnite, sued Apple for removing the game from its App Store. The dispute arose after Epic Games introduced a new payment system in the game, which allowed users to bypass Apple`s payment system and pay Epic Games directly. Apple argued that this violated its App Store guidelines and removed the game.
Epic Games claimed that Apple`s actions were anti-competitive, and sued the company for breach of contract and antitrust violations. The case went to trial, and the court ultimately ruled in favor of Apple, stating that Epic Games had breached its contract with Apple by introducing the new payment system without seeking Apple`s approval. The court also found that Apple had not violated antitrust laws.
This case is a clear example of the importance of having an agreement that is enforceable by law. Had Epic Games not had a contract with Apple, it would have been much more difficult for them to argue their case in court. Without a legally binding agreement in place, there is no guarantee that both parties will meet their obligations, and disputes can quickly escalate into legal battles.
To ensure that your agreements are enforceable by law, it is essential to work with a qualified attorney who can help you draft clear and concise terms that protect your interests. When drafting an agreement, it is important to include provisions that clearly outline each party`s obligations, the consequences of non-performance, and the process for resolving disputes. Having a well-drafted agreement in place can help prevent disputes and provide a clear path forward in the event of a disagreement.
In conclusion, having an agreement that is enforceable by law is essential for protecting your interests and preventing disputes. The recent dispute between Apple and Epic Games underscores the importance of having a well-drafted contract in place that clearly outlines each party`s obligations and the consequences of non-performance. When drafting an agreement, it is essential to work with a qualified attorney who can help ensure that the terms are clear, concise, and legally binding.